Trump-Backed World Liberty Financial Moves $212 Million in ETH to Coinbase Prime
2025-02-04
Category: None

World Liberty Financial, the decentralized finance project backed by US President Donald Trump, has transferred a significant portion of Ethereum holdings to Coinbase Prime.
On-chain data reveals that the total transfer spanned eight assets and took place across 13 transactions.
World Liberty Financial Offloads ETH
According to Spot On Chain, World Liberty Financial moved $307.4 million in eight assets to Coinbase Prime on February 4. The transfer included 73,783 Ethereum ETHUSD worth $212 million, making it the largest transaction.
Additionally, it comprised 552 Wrapped Bitcoin WBTC valued at $52.7 million, 219,149 Chainlink LINKUSD worth $4.7 million, 16,585 Aave (AAVE) worth $4.5 million, 4.9 million Ethena (ENA) valued at $3.3 million, 2.0 million Movement (MOVE) worth $1.3 million, and 114,754 Ondo (ONDO) valued at $160,656. The transfer also included USDC worth $27.86 million.
This move fueled speculation within the crypto community.
Meanwhile, amid these transfers, Donald Trump’s son, Eric Trump, took to X and called to buy ETH.
“In my opinion, its a great time to add ETH. You can thank me later,” Eric Trump wrote on X.
The post triggered a surge in ETH’s price. The altcoin surged close to $2,900. Notably, ETH had already rebounded to approximately $2,700 before Eric Trump’s post. This recovery followed the President’s decision to temporarily postpone proposed tariffs on Canada and Mexico amid ongoing negotiations.
Moreover, the price adjusted to $2,703 at press time, marking an 8.3% increase over the past day.
Interestingly, shortly after executing these transfers, World Liberty Financial also bought ETH. The project unstaked 19,423 stETH and converted it into ETH. Additionally, it spent 5 million USDC to purchase 1,826 ETH at $2,738 per token.
According to the latest data from Arkham Intelligence, at press time, World Liberty Financial currently holds approximately $33.1 million in crypto assets. 
The largest holding is USDC, totaling $15.09 million, followed by 40.72 million WTRX valued at $9.2 million. The portfolio also includes 1,828 stETH worth $5.15 million, $3.1 million in USDT, and 84.08 ETH valued at $237,620.
World Liberty Financial Denies Token Sales
As World Liberty Financial moved ETH to crypto exchanges, there were reports that the firm intended to sell its assets. However, World Liberty Financial swiftly dismissed the speculation. In a statement on X, it clarified that the recent transfers were part of its regular treasury management.
“To be clear, we are not selling tokens—we are simply reallocating assets for ordinary business purposes,” the post read.
World Liberty emphasized that these actions are standard practice for maintaining a secure and efficient treasury and urged the public to avoid speculation.