YEREVAN (CoinChapter.com) — World Liberty Financial, a decentralized finance (DeFi) project associated with Donald Trump, transferred 73,783 Ethereum (ETH) worth $212 million to Coinbase Prime. The transaction, tracked through blockchain data, was part of a larger transfer involving eight assets across 13 transactions.
According to Spot On Chain, the total value of these transfers reached $307.4 million. Along with Ethereum, the firm moved Wrapped Bitcoin (WBTC), Chainlink (LINK), Aave (AAVE), Ethena (ENA), Movement (MOVE), and Ondo (ONDO). The transactions also included USD Coin (USDC) worth nearly $28 million. The significant movement of Ethereum has drawn attention within the crypto market, fueling discussions about the firm’s treasury management strategy.
World Liberty Financial Crypto Transfers. Source: Spot On ChainSpeculation Grows Over ETH Holdings
The Ethereum transfer has led to speculation within the DeFi community. Some crypto users believe World Liberty Financial might be working on a stablecoin project backed by Ethereum. A user on X suggested that the Trump-linked firm could be building a stablecoin similar to MIM but using an Aave fork instead of an isolated market. The presence of a large Ethereum reserve has added to these assumptions.
Stablecoin Speculation by Daniele. Source: XAt the same time, Eric Trump shared his thoughts on Ethereum, making a statement on X that encouraged investors to buy ETH. He wrote that it was a great time to add Ethereum, suggesting that holders would benefit from it later.
Eric Trump Ethereum Statement. Source: XShortly after his post, Ethereum’s price climbed close to $2,810, although it had already recovered to around $2,770 before his comment. The price increase followed Donald Trump’s decision to delay tariff plans on Canada and Mexico. At press time, Ethereum was trading at $2,805, reflecting an 8.3% daily increase.
Ethereum Price Chart. Source: TradingViewWorld Liberty Financial Buys Ethereum After Transfers
Following the Ethereum transfer, on-chain data showed that World Liberty Financial repurchased ETH. The firm unstaked 19,423 staked Ethereum (stETH) and converted it back into ETH. It also used 5 million USDC to buy 1,826 ETH at a price of $2,738 per token.
According to Arkham Intelligence, the firm currently holds around $33.1 million in crypto assets. Its largest holding is USD Coin (USDC), with over $15 million. It also holds Wrapped TRX (WTRX), staked Ethereum (stETH), Tether (USDT), and Ethereum (ETH). These assets are part of the company’s broader crypto reserves.
World Liberty Financial Inflow Data. Source: Arkham IntelligenceWorld Liberty Financial Addresses Token Sale Concerns
As reports of the Ethereum transactions to Coinbase Prime surfaced, speculation arose about whether World Liberty Financial was liquidating its assets. However, the firm addressed these concerns and denied any plans to sell. In a statement on X, it clarified that the transfers were part of its regular treasury management. The company stated that it was reallocating assets for business purposes and was not selling tokens.
WLFI Treasury Management Statement. Source: XWorld Liberty Financial emphasized that these movements were standard procedures for managing liquidity and maintaining financial efficiency. The firm also urged the public to avoid speculation about its asset transfers.
The post Trump-Backed World Liberty Financial Moves $212M in Ethereum—What’s Behind It? appeared first on Coinchapter.
