World Liberty Financial Transfers $212 Million in ETH to Coinbase
Disposal financial projects supported by US President Donald Trump have shifted most of the holdings of Ethereum to Coinbase Prime.
The data on the chain shows that the total transfer spans 8 assets and conduct 13 transactions.
World Free Finance Uninstallation ETH
according to On the chainThe World Free Financial Corporation will invest $ 307.4 million in eight assets on February 4. Transfer includes 73,783 Ethereum (ETH) Value of US $ 2.12 billion, making it the biggest transaction.
In addition, it includes 552 Packaging Bitcoin (WBTC) worth $ 52.7 million219,149 Chain (Link) $ 4.7 million, 16,585 ghost (AAVE) is worth $ 4.5 million, and 4.9 million ethylene (ENA) is worth $ 3.3 million, and $ 20 million (mobile) worth $ 1.3 millionThe value of 114,754 ONDO (ONDO) is $ 160,656. The transfer also includes USDC worth $ 27.86 million.
The move exacerbated the speculation in the cryptocurrency community.
“I think the Trump family is building one Stablecoin Like MIM, but with AAVE fork instead of what we do in the isolated market. That’s my opinion. That’s why they have so many ETH as a mortgage. “A user Write On X (previously Twitter).
At the same time, in these transfers, Eric Trump, the son of Donald Trump, Eric Trump, the son of Donald Trump. Call to buy ETHEssence
“I think this is a good time to increase ETH. You can thank me later,” Eric Trump Write On X.
The post triggered ETH’s price increase. Altcoin has soared nearly $ 2,900. It is worth noting that ETH has rebounded to $ 2,700 before Eric Trump’s position. This recovery follows The president decided to temporarily delay the proposed tariff In the ongoing negotiations, it was conducted in Canada and Mexico.
In addition, the price at the time of time was adjusted to $ 2,703, an increase of 8.3 % over the past day.
Interestingly, shortly after executing these transfer World Free Finance also purchased ETH. The project was not fixed at 19,423 STETH and converted it to ETH. In addition, it cost $ 5 million to purchase 1,826 ETH at each token and purchase at a price of $ 2,738.
According to the latest data from Arkham Intelligence, during press release, World Liberty Financial currently has about $ 33.1 million in encrypted assets.
The biggest holding is USDC, totaling $ 15.09 million, followed by 40.72 million WTRX, worth $ 9.2 million. The investment portfolio also includes 1,828 STETH, worth $ 5.15 million, USDT and 84.08 ETH worth $ 237,620.
World Freedom Finance denies token sales
As the World Free Finance shifted ETH to the encryption exchange, some reported that the company intends to sell its assets. However, World Free Finance quickly refuted speculation. In a statement on X, it clarifies that the recent transfer is part of its regular financial department management.
“To be clear, we did not sell tokens, we just re -assigned assets for the purpose of ordinary business,” postal read.
The world is free to emphasize that these actions are standard practice to maintain one Security and effective Ministry of Finance And urged the public to avoid guessing.
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