Although it's unclear exactly why World Liberty blacklisted the wallet of one of its biggest supporters, the DeFi project blocked Sun after the Tron founder had moved $9 million worth of WLFI tokens, according to Arkham Intelligence. WLFI's price started dropping a few hours before Sun moved the tokens, and at one point was down 24% on Thursday. "Our address only conducted a few generic exchange deposit tests, with very low amounts, and then created address dispersion, without involving any buying or selling, which could not possibly have any impact on the market," Sun posted to X on Thursday.
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According to Tokenomist, large single unlocks (greater than $5 million USD) in the next 7 days include SUI JUP OP KMNO HUMA VENOM SOPH ZETA ALT SAHARA REZ, etc.; large linear unlocks (greater than $1 million USD per day) in the next 7 days include SOL WLD TIA DOGE TAO AVAX SUI DOT IP MORPHO ETHFI JTO ENS, etc., with a total unlocked value of over $620 million.
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By recycling Bitcoin's proof-of-work as a resource, Stacks is connected to Bitcoin's economic layer. Similar to hybrid PoS chains, Stacks also anchors its state to Bitcoin by including the hash of the Stacks block in Bitcoin's PoX block submission transaction, ensuring its chain history is timestamped and tamper-proof on the Bitcoin layer.
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