• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

World Liberty Financial Transfers $61.4M in Ethereum Amidst Market Challenges

user avatar

by Giorgi Kostiuk

6 months ago


World Liberty Financial, a notable crypto project, has moved $61.4 million in Ethereum as part of its treasury management practices.

Fund Transfers

Over the past 24 hours, $61.4 million worth of Ethereum was moved, with Arkham Intelligence confirming transfers to multiple wallets, including Coinbase Prime. WLFI stated that these movements are regular treasury practices and do not involve token sales.

We’re making routine movements of our crypto holdings as part of regular treasury management, and payment of fees and expenses and to address working capital requirements.None

Further Transactions

Arkham Intelligence data showed additional transactions by WLFI’s wallet. These included swapping 103 Wrapped Bitcoin, worth about $10 million, for 3,075 ETH, and moving $59.8 million in Ethereum to Coinbase Prime and other wallets. WLFI also used $1.7 million in Tether to buy 17.62 WBTC at an average price of $96,49.

Project's Response

In mid-December, WLFI's wallet held $83 million, but at the time of this report, the balance had dropped to $17 million. The project attributes this to normal treasury management needs. Despite these changes, WLFI faces $4.8 million in unrealized losses due to volatility in its portfolio, including Ethereum, WBTC, Aave, and Chainlink. However, by not selling its assets, WLFI maintains a long-term investment perspective.

WLFI's treasury strategy underlines resilience amid market changes, reflecting the project's long-term vision.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Trends in the Crypto Market: Litecoin Eyes $97.10, Ethereum Faces Pressure, BlockDAG Active

chest

Analysis of key price levels for Litecoin and Ethereum, as well as new strategies within BlockDAG in the crypto market.

user avatarGiorgi Kostiuk

Trump-Huang Meeting: A Pivotal Moment for Nvidia Ahead of China Engagement

chest

Jensen Huang from Nvidia will discuss important matters with Donald Trump before heading to China amid rising tech competition.

user avatarGiorgi Kostiuk

Bitcoin to Hit $220,000 by 2025, Says Max Keiser

chest

Max Keiser's prediction of Bitcoin reaching $220,000 by the end of 2025 draws investor interest and highlights its growing influence on financial markets.

user avatarGiorgi Kostiuk

Unconfirmed Claims of Tariffs by Trump Leave Crypto Market Stable

chest

Despite rumors of a 35% tariff on Canadian imports, the cryptocurrency market, including Ethereum and Bitcoin, remains stable.

user avatarGiorgi Kostiuk

Cookie DAO: Token Burn Leads to Significant Rise in COOKIE Price

chest

Cookie DAO initiates token burn, impacting COOKIE price and attracting investor interest.

user avatarGiorgi Kostiuk

Louis Limited to Launch New Emotional Tracking App for Traders

chest

Louis Limited launches a new app to help traders manage their emotions and improve discipline in trading.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.