The launch of WLFI attracted unprecedented interest in the cryptocurrency space, accompanied by sharp fluctuations and liquidations.
Rising Liquidations
According to derivatives trackers, WLFI’s debut triggered roughly **$12 million in liquidations**, with about **$8.5 million** in long positions and **$3.8 million** in shorts. Other sources report even higher totals, with some estimates climbing toward the **$20 million mark**.
Market Shockwaves
At launch, WLFI’s market cap was reportedly between **$7–8.5 billion**, but within hours it dropped closer to **$5.5–6.4 billion**. This represents a loss of value between **$600 million and $2.1 billion**, depending on the timing used.
Lessons for Traders
WLFI’s launch serves as a reminder that: * **Leverage magnifies risk**, especially on day-one listings * **Market cap losses can exceed liquidation totals** * **Protective strategies** (small sizing, careful order placement, hard stops) are essential when trading under hype conditions.
The WLFI debut will be remembered for its **massive volatility**, **millions in liquidations**, and **billions wiped from its market cap** within hours, highlighting the importance of risk management in cryptocurrency trading.
