Incorrect spelling, explanation: wholely is an incorrect spelling, although some sources point to it as an optional form of wholly. Wholly is the correct form and it is made by taking the adjective whole and suffix -ly; as e is silent it is dropped. Therefore wholly is the correct spelling.

Correct spelling, explanation: this adverb is spelled wholly because it’s an adjective whole with suffix -ly; as the last e in whole is silent it is omitted in wholly. However, some online dictionaries take wholely into consideration as an alternative spelling.

Definition of wholly:
adverb, fully
My attention is wholly focused on my career right now.
These indications are wholly irrelevant and should be ignored.

Incorrect spelling

Incorrect spelling

Incorrect spelling