The post World Liberty Financial Offloads $307M in ETH and WBTC appeared on BitcoinEthereumNews.com.

World Liberty Financial moved $307 million in ETH and WBTC to Coinbase Prime for treasury management but did not sell the assets. The market reacted with volatility, but Ethereum rebounded above $2,800 as investors showed renewed confidence. The DeFi project World Liberty Financial, linked to U.S. President Donald Trump, has moved more than ninety percent of its cryptocurrency assets to the Coinbase Prime management system. The transfer recorded on Spotonchain showed digital assets amounting to approximately $307 million. The project explained that these movements were part of its normal treasury management procedures and operational specifications. World Liberty Financial (@worldlibertyfi) moved $307.41M in 8 assets to #CoinbasePrime 6 hours ago—as part of treasury management and business operations. Shortly after, the project unstaked 19,423 $stETH to $ETH and further spent 5M $USDC to buy 1,826 $ETH at $2,738.… https://t.co/Rp9NAFUs5N pic.twitter.com/5bfIvJma7U — Spot On Chain (@spotonchain) February 4, 2025 The company shifted enormous holdings of Ethereum (ETH) and Wrapped Bitcoin (WBTC) together with several other digital assets, such as AAVE, ENA, and LINK. The cryptocurrency transfers were divided into numerous transactions that amounted to a total of $4 million and up to $95 million. The entire value portfolio of World Liberty Financial shrank from $363 million to approximately $33 million post-move. The project relocated a large amount of assets but clarified that the purpose was operational, not to sell any tokens. The project implements this maneuver to balance fees and expenses and manage working capital needs. How the $307M Crypto Transfer Affects DeFi and Institutional Holdings ETH represented a substantial monetary value that made up the project’s treasury before the transfers, which was worth around $175 million. The project funds maintained about $30 million worth of combined AAVE, ENA, and LINK tokens. The cryptocurrency was sent using various stopover addresses that led to…

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Filed under: News - @ February 5, 2025 4:14 am