World Liberty Financial, a decentralised finance (DeFi) project linked to former US President Donald Trump, has moved over $307 million worth of Ethereum (ETH) and Wrapped Bitcoin (WBTC) to Coinbase Prime.
The transaction, one of the largest by the project to date, has drawn attention due to its timing and scale.
On-chain data suggests that more than 90% of the project’s multi-asset treasury has been shifted, significantly reducing its overall holdings.
While the official statement describes this as part of “routine treasury management,” the movement has raised questions about the project’s liquidity, strategic positioning, and potential regulatory concerns.
The transfers, executed across 13 separate transactions, come amid speculation surrounding Trump’s proposed Sovereign Wealth Fund and its possible exposure to digital assets.
$307M transfer reshapes WLFI’s treasury
Blockchain tracking platform Spotonchain revealed that World Liberty Financial transferred approximately $307 million worth of digital assets to Coinbase Prime in a series of large transactions.
These transfers, ranging from $4 million to $95 million each, were primarily composed of ETH and WBTC but also included holdings in AAVE, ENA, and LINK.
Following the transactions, the project’s treasury balance fell sharply, dropping from $363 million to roughly $33 million.
This represents a 90% reduction in its on-chain holdings, marking a drastic shift in its asset allocation strategy.
World Liberty Financial addressed the transactions on social media platform X, maintaining that the transfers were standard practice rather than an indication of liquidation.
The DeFi project stated that these movements were aimed at covering operational expenses and optimizing its treasury management.
