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September 2, 2025CoinDesk logoCoinDesk

Crypto Trader Scores $250M Payday as Trump-Linked WLFI Hits Open Market

A trader who made $38 million trading last week's plasma (XPL) volatility secured another heft payday on Monday profiting $250 million on the release world liberty financial (WLFI) a decentralized finance (DeFi) token linked to ￰0￱ Donald Trump's ￰1￱ data shows that the wallet in question belonging to a trader known on derivatives platform HyperLiquid and X as Techno Revenant

invested $15 million in the WLFI token sale last year before being distributed 1% of the total supply on Monday worth around $250 ￰2￱ nine-digit score comes after the trader made $38 million on HyperLiquid last week trading XPL as it spiked and wiped out $130 million in open interest on the futures ￰3￱ began trading on Monday spiking to 40 cents before retreating to 25 cents in a rollercoaster session that experienced more than $5 billion in trading ￰4￱ Techno Revenant calmly collected a $250 million payday

others were not as lucky as hackers ran a targeted phishing campaign against WLFI token ￰5￱ experts labeled it a “classic EIP-7702 phishing exploit" as hackers exploited a loophole tied to Ethereum’s recent Pectra ￰6￱ more: Holders of Trump’s Crypto Token Targeted by Hackers in Phishing Exploit

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