Breaking
February 4, 2025

Trump-linked World Liberty Financial transfers $307 million to Coinbase Prime Oluwapelumi Adejumo | usagoldmines.com

World Liberty Financial (WLFI), a crypto venture tied to the Trump family, has transferred over $307 million in digital assets to Coinbase Prime, according to data from SpotOnChain.

The transferred assets include 73,783 ETH worth approximately $212 million and 553 WBTC valued at $52.7 million. Other tokens involved in the move include AAVE, LINK, ENA, MOVE, ONDO, and USDC.

Large transfers to centralized exchanges often indicate a potential sale, which can lead to market volatility.

In addition to the transfer, WLFI unstaked 19,423 stETH, converting it back to ETH. The project also used $5 million in USDC to purchase 1,826 ETH at an average of $2,738 per token.

SpotOnChain estimates that WLFI retains $96.62 million in digital assets spread across nine wallets despite the movement.

Trump’s tariff war leads to losses

The exchange transfer follows a 21% drop in WLFI’s crypto holdings. This decline came after US President Donald Trump’s recent tariff policies targeted Canada and Mexico.

SpotOnChain data shows that WLFI’s initial $242.77 million crypto investment, made between Jan. 19 and 31, has since decreased by over $51.7 million. Ethereum accounted for most of these losses at nearly $37 million, followed by $8 million in wrapped Bitcoin and over $2 million in Ethena.

Amid the downturn, Eric Trump publicly supported Ethereum, urging followers on X (formerly Twitter) to buy the asset.

He posted:

“In my opinion, it’s a great time to add ETH. You can thank me later.”

WLFI denies asset sales

In response to speculation, World Liberty Financial clarified that its recent fund movements were part of routine treasury management.

The project stated that the transfers were intended to manage fees, expenses, and operational liquidity rather than offloading assets.

It stated on X:

“To be clear, we are not selling tokens—we are simply reallocating assets for ordinary business purposes. These actions are intended to be part of maintaining a strong, secure, and efficient treasury. No need to speculate—this is all standard practice for managing operations at WLFI.”

The statement followed a report from Blockworks that WLFI was seeking token swap deals with other crypto projects.

The report alleged that the project aimed to exchange at least $10 million worth of its soon-to-launch WLFI tokens for an equal value in another project’s native digital assets. The deal reportedly included a 10% transaction fee.

The post Trump-linked World Liberty Financial transfers $307 million to Coinbase Prime appeared first on CryptoSlate.

 

This articles is written by : Nermeen Nabil Khear Abdelmalak

All rights reserved to : USAGOLDMIES . www.usagoldmines.com

You can Enjoy surfing our website categories and read more content in many fields you may like .

Why USAGoldMines ?

USAGoldMines is a comprehensive website offering the latest in financial, crypto, and technical news. With specialized sections for each category, it provides readers with up-to-date market insights, investment trends, and technological advancements, making it a valuable resource for investors and enthusiasts in the fast-paced financial world.

Recent:

Elon Musk’s DOGE wants to terminate US education department next after USAID Jai Hamid | usagoldmine...

50%+ of Ethereum validators signal support to increase ETH gas limit Florence Muchai | usagoldmines....

The Ethereum Pectra upgrade – Vitalik Buterin shares key insights Florence Muchai | usagoldmines.com

Wallet With $400 Million That Was Built By PEPE & Dogecoin Presale Has Just Purchased A New Pres...

ADA Bullish Momentum Fades As Bears Reclaim Control At $0.8119 Godspower Owie | usagoldmines.com

5 Promising Meme Coins to Buy as Trump Pauses Canada & Mexico Tariffs newsbtc | usagoldmines.com

Ethereum implements first gas limit increase since the Merge Oluwapelumi Adejumo | usagoldmines.com

What Has Shiba Inu & Chainlink Investors Both Invested In & Will It 20x As Experts Say? Cryp...

Oklahoma Moves Forward with Bitcoin Bill Victor | usagoldmines.com

Eric Trump: ‘Great Time to Buy $ETH’—Should You? Victor | usagoldmines.com

Cardano CEO Predicts U.S. Will Drive Global Crypto Adoption Victor | usagoldmines.com

Cardano CEO Unveils Nintendo Emulator, IP, and NFT Licenses Victor | usagoldmines.com

No token swap deals with Trump-linked World Liberty Financial (WLFI), TRON and Movement Labs reject ...

US Treasury sued for providing Elon Musk’s DOGE access to sensitive data Florence Muchai | usagoldmi...

President Trump Signs Executive Order Calling for US Sovereign Wealth Fund Creation Sujha Sundararaj...

Ethereum – Bitcoin price comparison reaches pre-NFT and DeFi boom levels of 2021 Hristina Vasileva |...

Look Out: Dogecoin & XRP Are About to Have Some Competition—1Fuel’s Super-Fast Wallet Exchange I...

Bitcoin Halving Hype Fades – Smart Money Flows to Lightchain AI for Post-Event Profits Cryptopolitan...

Ethereum Co-Founder Lubin: Whales Are Manipulating ETH Price Jake Simmons | usagoldmines.com

Ethereum Traders Buy the Dip as Solana Stablecoins Soar. Will $BEST Go Bullish? Krishi Chowdhary | u...

Trump’s new sovereign wealth fund sparks Bitcoin investment speculation Oluwapelumi Adejumo | usagol...

Cardano CEO Predicts U.S. Will Drive Global Crypto Adoption Victor | usagoldmines.com

Trump’s 10% tariffs on China causes 15% tariff and Google probe reactions Jai Hamid | usagoldmines.c...

Palantir’s stock surge as AI demand projections expected to reach ‘untamed’ levels Hannah Collymore ...

Crypto News: DOGE Displays Bearish Price Action Meanwhile, RBLK’s Making ATH’s Weekly Cryptopolitan ...

Eric Trump’s Ethereum Endorsement Fuels Crypto Buzz As ETH Nears $3K Christian Encila | usagoldmines...

Bitcoin ETFs see $234M in outflows after Trump’s tariff war Andjela Radmilac | usagoldmines.com

Argentina Police Arrest Five in Raid on Crypto-paying ‘Illegal Iris Scanning Gang’ Tim Alper | usago...

Web3 Developers Secure Top-Tier Salaries in 2024: Report Shalini Nagarajan | usagoldmines.com

Bitcoin Briefly Surges Above $102,500, Ethereum Hits $2,900 Amid Tariff Policy Delay Ruholamin Haqsh...

US CFTC Probes Crypto.com and Kalshi Over Super Bowl Events Contracts Compliance Sujha Sundararajan ...

China’s Finance Ministry Imposes Tariffs in Retaliation to U.S. Trade Measures Ruholamin Haqshanas |...

Ethereum Whales Are Loading Up on Rollblock Anticipating TOP 20 Rank Once Listed on Major Exchanges?...

Millionaires Were Made From SHIB & PEPE—Here’s Why Experts Are Predicting Similar Pattern On FXG...

Peter Brandt Predicts Bitcoin Dominance Will Hit 66%—What’s Next for the Market? Qadir AK | usagoldm...

Why Ethereum Price is Up Today? Qadir AK | usagoldmines.com

Ethereum’s Pectra Upgrade Set to Boost Layer 2 Capacity, ETH Price Jump By 10% Mustafa Mulla | usago...

Stablecoins Now on Meow: Send & Receive USDC Free Victor | usagoldmines.com

XRP: The Token to Watch, Solana: The Crypto of the Hour, Rollblock: The Presale You Can’t Ignore! Cr...

Best Crypto to Buy Now After Largest Liquidation Event Since FTX Collapse Krishi Chowdhary | usagold...

Solana (SOL) $200 Level Recovery Looks ‘Very Solid’, Is The Bleeding Over? Rubmar Garcia | usagoldmi...

Crypto News | DeepSeek News Triggered $530M in Outflows Before Rapid Rebound: CoinShares Chayanika ...

Crypto News | India Reconsiders Crypto Policy Amid Global Regulatory Shifts: Report Wayne Jones | u...

Crypto News | Ripple (XRP) Price Predictions: ‘Buy the Dip’ Opportunity or Further Correction? Dimi...

Crypto News | Boba Network Unveils Integrated DeFi Ecosystem with Multi-Platform “Flywheel Loop” Ch...

Crypto News | Elon Musk Backs Blockchain to Help US Treasury Fight Fraud Wayne Jones | usagoldmines...

Crypto News | Governance Votes in Favor of Proposal 6 to Resolve THORChain’s Liquidity Crisis Chaya...

Crypto News | World Liberty Financial Loses $51.7M in Crypto Amid Trump’s Tariff Impact Chayanika D...

Crypto News | Donald Trump’s TRUMP Meme Coin Profits Dwarf Bored Ape’s Otherside Launch Chayanika D...

Crypto News | ETH Price Rebounds on Eric Trump Endorsement but Still Trails Peers Martin Young | us...

Crypto News | Trump Approves US Sovereign Wealth Fund, Will it Buy Bitcoin? Martin Young | usagoldm...

Crypto Price Today (04th Feb, 2025): Bitcoin Nears $100k Again | XCN Becomes Top Gainer Shrishesh Ta...

Rollblock (RBLK) Presale Shocks the Scene, Set to Outpace HBAR, SHIB, and AVAX Cryptopolitan Media |...

Indicator That Foreshadowed XRP’s 14% Crash Gives Buy Signal For Solana Keshav Verma | usagoldmines....

Crypto News | India Reconsiders Crypto Policy Amid Global Regulatory Shifts: Report Wayne Jones | u...

XRP Price Prediction For February 4 Anjali Belgaumkar | usagoldmines.com

22-Year-Old Canadian Hacker Accused of Stealing $65 Million in Cryptocurrency Mustafa Mulla | usagol...

El Salvador buys 11 more Bitcoin, boosting reserves to 6,067 BTC Nellius Irene | usagoldmines.com

Why Is the Crypto Market Up Today? Here’s What’s Driving the Surge Mustafa Mulla | usagoldmines.com

Bitcoin Market Performance Shows Signs of Distribution Cycle, Analyst Reveals Samuel Edyme | usagold...

Cardano (ADA) at a Crossroads: Could Bears Take Control Again? Aayush Jindal | usagoldmines.com

Crypto News | Trump’s memecoin rakes in $802 million yet suffers 76% drop from peak Oluwapelumi Adej...

Crypto News | Coinbase becomes UK’s largest registered crypto service provider Oluwapelumi Adejumo |...

Crypto News | Bybit CEO says total liquidations could be much as $10 billion Oluwapelumi Adejumo | u...

Crypto News | Russia to launch nationwide registry for crypto mining equipment Oluwapelumi Adejumo |...

Crypto News | Coinbase users reportedly lose over $300M yearly via social engineering scams Gino Mat...

Crypto News | Market turmoil slashes DeFi TVL by $15 billion in 24 hours Oluwapelumi Adejumo | usago...

Crypto News | Kraken secures MiFID license to offer derivatives trading in EU Assad Jafri | usagoldm...

Crypto News | Congressional Subcommittee to investigate Operation Chokepoint 2.0’s impact on crypto ...

Crypto News | Bitcoin remains resilient despite recent Trump tariff shock – Bitfinex Gino Matos | us...

Crypto News | KyberSwap exploiter gets five-count criminal indictment after stealing $65M Gino Matos...

Bitcoin Breaks $100k Again Ahead of David Sacks’ Emergency Crypto Press Conference Anjali Belgaumka...

XRP Jumps 20% Amid SEC’s Major Policy Change on Crypto Investigations Anjali Belgaumkar | usagoldmi...

Whales Are Quietly Accumulating This Token—Could It Be the Next Big Market Disruptor? Cryptopolitan ...

Bitcoin 4-Hour RSI Hits Oversold Zone – Is A BTC Rebound Near? Ash Tiwari | usagoldmines.com

XRP Price Explodes 25%: Will The Recovery Sustain or Fizzle Out? Aayush Jindal | usagoldmines.com

Crypto News | Russia to launch nationwide registry for crypto mining equipment Oluwapelumi Adejumo |...

Crypto News: Xeggex CEO’s Account Hacked, Funds Go Missing Anjali Belgaumkar | usagoldmines.com

Japan PM meets with Altman, Softbank CEO — Plans to increase AI cooperation with Trump Graham Smith ...

Why some Americans are skeptical about Trump’s EO pushing a Sovereign Wealth Fund Nellius Irene | us...

2025 is a make or break year for Meta’s metaverse vision – CTO Andrew “Boz” Bosworth Hannah Collymor...

SHIB and PEPE Prices In Free Fall Whilst Remittix Is Investors Saving Grace With 250% Returns In Jan...

Bitcoin Price Climbs Back to $100K: Is This Just the Beginning? Aayush Jindal | usagoldmines.com

Ethereum Price Recovery Stalls at Resistance: Can Bulls Break Through? Aayush Jindal | usagoldmines....

Cardano’s Charles Hoskinson Talks RLUSD Plans, Ripple’s Garlinghouse Advised to Wait Until March An...

Crypto Crash: Bybit CEO Estimates Crypto Market Liquidations Likely Reached $10B Nidhi Kolhapur | us...

Kraken Secures MiFID License, Boosts EU Crypto Derivatives Presence Nidhi Kolhapur | usagoldmines.co...

Mexico Tariffs Delayed: Mexico Avoids U.S. Tariffs After Reaching Deal With Trump Nidhi Kolhapur | u...

Strong Buying in Ethereum, Time to Bag ETH Chandan Gupta | usagoldmines.com

Trump Signs Executive Order to Create U.S. Sovereign Wealth Fund Nidhi Kolhapur | usagoldmines.com

XRP Soars, But $80 Million Inflow Raises Sell-Off Concerns Chandan Gupta | usagoldmines.com

Cardano (ADA) Sees Record 58% Intraday Reversal, Key Levels to Watch Chandan Gupta | usagoldmines.co...

Why Bitcoin’s Price Crash Could Be a Buying Opportunity for Big Players Samuel Edyme | usagoldmines....

Crypto Market Enters Step 2 Of Benjamin Cowen’s Guide For 2025, What’s Next On The List? Scott Mathe...

Massive Crypto Pumps Ahead – Trump, Fed, FOMC Rates Stu L | usagoldmines.com

Coinbase Approved for Crypto Services in the UK Victor | usagoldmines.com

Solana’s stablecoin market cap surges 116% in 30 days, hitting $11.7B Nellius Irene | usagoldmines.c...

MultiVersus director speaks out against players’ threats for refunds Noor Bazmi | usagoldmines.com

Russia plans mandatory crypto mining equipment registration and tax reporting Nellius Irene | usagol...

Coinbase not doing enough after users lose $65 million between Dec 2024 and Jan 2025 – ZachXBT Hanna...

Leave a Reply