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A pseudonymous crypto trader known as Techno Revenant has secured another outsized payday, realizing about $250 million from the launch of World Liberty Financial WLFI/USD, a DeFi token linked to U.S. President Donald Trump’s family.
What Happened: Blockchain data shows the trader invested $15 million in WLFI during its token sale last year, securing 1% of the total supply, according to Coindesk.
That allocation was distributed on Monday and valued at roughly $250 million as the token began trading.
The nine-digit haul follows a $38 million gain the same trader made last week on derivatives platform HyperLiquid HYPE/USD, capitalizing on volatility in Plasma XPL/USD as futures open interest…
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