Justin Sun to Buy $10M ALTS and $10M WLFI After Calling U.S.-Listed Crypto Stocks “Undervalued”
WLFI/USDT
$119,378,406.61
$0.1041 / $0.0981
Change: $0.006000 (6.12%)
-0.0166%
Shorts pay
COINOTAG News reported on September 5 that Justin Sun posted on social media asserting that U.S.-listed crypto stocks are currently undervalued, signaling a public assessment of listed token-related equities amid recent market conditions.
In the post, Justin Sun stated he will deploy capital to acquire $10 million worth of ALTS and an additional $10 million of WLFI on the open market, indicating explicit position sizes and a clear execution intent disclosed via his social channel.
The announcement is a reported intent rather than a regulatory filing; market participants should treat this as a social-media disclosure and consider standard due diligence on liquidity, counterparty risk and prevailing market conditions before adjusting exposure to U.S.-listed crypto stocks.