World Liberty Financial Moves Nearly $60 Million in ETH
World Liberty Financial (WLFI), an Ethereum-based DeFi project advised by the Trump family, has transferred nearly $60 million worth of ETH. The organization clarified that these transactions were for treasury management and operational costs, emphasizing that no tokens were sold.
Details of Transactions
According to on-chain analytics platform Lookonchain:
- WLFI’s wallet swapped 103 WBTC (~$9.89M) for 3,075 ETH.
- It transferred 18,538 ETH (~$59.8M) to various wallets, with over $38M deposited into a Coinbase Prime account.
- The wallet used $1.7M USDT to buy 17.62 WBTC at a rate of $96,491 per BTC.
World Liberty Financial’s Statement
In response to community concerns, WLFI stated on Twitter that these transactions were routine treasury management activities, primarily for operational expenses, and reiterated a commitment not to sell its tokens.
Previous Investments and Current Portfolio
In December 2024, WLFI invested heavily in notable DeFi tokens within the Ethereum ecosystem, including ETH, ONDO, ENA, LINK, and AAVE, pushing its portfolio’s value to over $80M.
However, the market correction in early January 2025 led to a decline in these token values, resulting in an unrealized loss of over $4.8M.
Currently, WLFI’s wallet holds approximately $16.8M in assets:
- $7M USDC
- $3.7M ETH
- $1.8M AAVE
- $1.7M WBTC
- $1.6M LINK
- $611K ENA
- $155K ONDO
Market Implications
The significant movement of ETH to Coinbase has raised speculation among market participants about WLFI’s intentions. However, their assurance about non-token sales may help ease concerns over potential sell-offs that could impact the broader DeFi ecosystem.
Source: Lookonchain, DeBank
