- World Liberty Financial moved over $300 million crypto asset holdings to Coinbase.
- The project further increased its ETH holdings at the current $2,700 price level.
President Donald Trump has been making some big moves ever since he won the US elections in Nov 2024. From establishing D.O.G.E, launching his own crypto projects, implementing new tariffs, his actions are shaking the world economy. His World Liberty Financial crypto project is holding a considerable amount of funds in crypto investments.
As a result of the new tariff system implemented by Trump, global financial markets witnessed a huge sell-off. The crypto market witnessed more than $2 billion crypto liquidation yesterday following a shift in the global economy.
Meanwhile, the Trump family’s crypto project WLFI moved its crypto holdings to Coinbase. Amidst the sensitive global economy, the funds shift attracted attention from the crypto community.
As per Spot On Chain, WLFI moved around $307.41 million in 8 assets owned by the project to Coinbase Price. After the funds shift, the project unstaked 19,423 stETH to ETH and spent 5 million worth of USDC to buy 1,826 ETH at an average price of $2,738.
As per the Spot On Chain findings, World Liberty Financial holds around $96.62 million worth of funds in various crypto assets. When Trump implemented the new tariff system, WLFI’s crypto investment portfolio was down by around 21%.
World Liberty Financial Says Funds Shifting is a Part of Treasury Management
Referring to the WLFI funds move to Coinbase, WLFI posted on X putting an end to all speculations. It stated,
Furthermore, the official World Liberty Financial account said these fund shifts took place to maintain a strong, secure, and efficient treasury. Putting an end to all speculations, the WLFI mentioned the fund movement is a standard practice for managing operations at WLFI.
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