#WLFI Check the operation

Amidst the intense volatility in the cryptocurrency market, the DeFi protocol World Liberty Financial (WLFI), supported by the family of U.S. President Donald Trump, has unexpectedly announced that it is facing liquidation pressure on its lending platform and has been forced to sell Bitcoin to repay debts, drawing significant market attention. According to on-chain data platform Arkham Intelligence, the official wallet of World Liberty Financial sold over 170 Bitcoins on Wednesday at an approximate price of $67,000 each, cashing out about $11 million. The funds were immediately transferred to leading lending protocol Aave to repay loans and avoid liquidation. While being forced to sell assets to cover debts, the WLFI token price continued to come under pressure. CoinGecko data shows that WLFI tokens dropped over 15% today, performing even worse than Bitcoin and Ethereum, which declined about 10%. In fact, since the token was officially launched in September last year, WLFI's price has been on a downward trend. The initial price on launch day was about $0.23, with a market cap of $6.6 billion; but currently, the price has fallen to around $0.109, a decline of over 65%. Besides financial pressure, World Liberty Financial remains embroiled in political and regulatory controversies. Political opponents of the Trump camp recently called for an investigation into the DeFi protocol. U.S. Congressman Ro Khanna publicly stated on Wednesday that an investigation has been launched into a $500 million equity investment transaction by a UAE entity in World Liberty Financial, and he has called for clarification of the source of funds and related interests.