According to on-chain data analyst Ai Yi, a WLFI multi-sig address transferred 3.58 billion WLFI to Bitgo three hours ago, the largest single transaction in nearly seven months. BitGo serves as the custodian of the USD 1 reserve and provides prime brokerage services for liquidity and institutional trading, but this appears to be the first transfer of WLFI assets to Bitgo.

Previously, ALT 5 Sigma announced a $1.5 billion private placement to launch the WLFI treasury strategy, acquiring 7.5% of the total token supply (approximately 7.5 billion tokens) at $0.2.