EddieJayonCrypto
4 Feb 25
World Liberty Financial, a decentralized finance project linked to US President Donald Trump, has moved a substantial amount of Ethereum and other assets to Coinbase Prime. The transfer, which spanned eight assets and 13 transactions, included 73,783 Ethereum (ETH) worth $212 million, as well as oth...
World Liberty Financial, a decentralized finance project linked to US President Donald Trump, has transferred a significant amount of Ethereum and other assets to Coinbase Prime. The transfer, involving eight assets and 13 transactions, included 73,783 Ethereum (ETH) worth $212 million, as well as other cryptocurrencies.
Amidst these transfers, Donald Trump’s son, Eric Trump, advocated buying ETH, triggering a surge in its price. Following these transfers, World Liberty Financial also bought ETH and currently holds about $33.1 million in crypto assets, with the largest holding being $15.09 million in USDC.
World Liberty Financial swiftly dismissed rumors of intending to sell its assets, clarifying that the transfers were part of its regular treasury management. The company emphasized that these actions are standard practice for maintaining a secure and efficient treasury and urged the public to avoid speculation.