New and Unique Version: WLFI Transfers $307 Million in Digital Assets to Coinbase Prime
World Liberty Financial (WLFI), a prominent crypto venture associated with the Trump family, recently made a significant move by transferring over $307 million in digital assets to Coinbase Prime, as reported by data from SpotOnChain.
Transferred Assets
- 73,783 ETH worth approximately $212 million
- 553 WBTC valued at $52.7 million
- Other tokens involved: AAVE, LINK, ENA, MOVE, ONDO, and USDC
This transfer of assets to a centralized exchange like Coinbase Prime often indicates a potential sale, which could potentially lead to market volatility.
Additionally, WLFI unstaked 19,423 stETH, converting it back to ETH. The project also utilized $5 million in USDC to purchase 1,826 ETH at an average price of $2,738 per token.
Despite the movement, SpotOnChain estimates that WLFI still holds $96.62 million in digital assets spread across nine wallets.
Impact of Trump’s Tariff Policies
Following a 21% drop in WLFI’s crypto holdings, which amounted to a decline of over $51.7 million, the exchange transfer came after US President Donald Trump’s recent tariff policies targeted Canada and Mexico.
Most of the losses were attributed to Ethereum, with nearly $37 million lost, followed by $8 million in wrapped Bitcoin and over $2 million in Ethena.
During this downturn, Eric Trump publicly expressed support for Ethereum, encouraging his followers to buy the asset.
“In my opinion, it’s a great time to add ETH. You can thank me later.”
Denial of Asset Sales
In response to speculation, World Liberty Financial clarified that the recent fund movements were part of routine treasury management and not indicative of asset sales.
The project emphasized that the transfers were aimed at managing fees, expenses, and operational liquidity rather than offloading assets for profit.
“To be clear, we are not selling tokens—we are simply reallocating assets for ordinary business purposes. These actions are intended to be part of maintaining a strong, secure, and efficient treasury. No need to speculate—this is all standard practice for managing operations at WLFI.”
Reports also surfaced that WLFI was exploring token swap deals with other crypto projects, seeking to exchange $10 million worth of WLFI tokens for an equal value in another project’s native digital assets, with a 10% transaction fee included.