World Liberty Financial Moves Nearly $60 Million in ETH

Despite transferring money to the Coinbase exchange account, World Liberty Financial claims that this is just a treasury management move.

According to on-chain data statistics unit Lookonchain, the crypto wallet of the DeFi project World Liberty Financial (WLFI) advised by the Trump family made a notable money transfer in the early morning of January 15, 2025.

Specifically, WLFI's wallet swapped 103 WBTC to 3,075 ETH (worth $9.89 million), then transferred 18,538 ETH ($59.8 million) to many other wallets, including more than $38 million to the Coinbase deposit address.

After that, the wallet used 1.7 million USDT to buy back 17.62 WBTC.

To avoid confusing the community, World Liberty Financial's X (Twitter) account posted a notice clarifying the above transaction, affirming that this was only for treasury management and operating expenses. The project announced that it would not sell tokens.

As reported, in mid-December 2024, World Liberty Financial made a massive purchase of prominent DeFi tokens in the Ethereum ecosystem, including ETH, ONDO, ENA, LINK and AAVE, helping the fund's investment portfolio at one point exceed the value threshold of 80 million USD.

However, during the market correction in the first two weeks of January 2025, the prices of the above tokens have decreased somewhat, causing WLFI to currently lose more than 4.8 million USD from its transactions.

After the ETH transfer, World Liberty Financial's wallet now has only $16.8 million in assets, including $7 million USDC, $3.7 million ETH, $1.8 million AAVE, $1.7 million WBTC, $1.6 million LINK, $611,000 ENA, and $155,000 ONDO.