Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain
  • Web 3
    • NFT
    • Metaverse
  • Regulation
  • Analysis
  • Learn
  • Blog
What's Hot

Altcoins are approaching historic stress levels as 38% of tokens are near all-time lows

2026-03-09

What Is Composability in DeFi and Why It Matters

2026-03-09

Aylab joins the REI network to accelerate the growth of the scalable web3 infrastructure

2026-03-09
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
Facebook X (Twitter) Instagram
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain

    Aylab joins the REI network to accelerate the growth of the scalable web3 infrastructure

    2026-03-09

    Quack AI unveils production-ready Q402 on Avalanche C-Chain to scale agent workflows

    2026-03-09

    Quantum computers can break the privacy of Zcash and Monero, says researcher

    2026-03-09

    AI-agenten betreden cryptomarkten met ondersteuning van beurzen, portemonnees, databedrijven en meer

    2026-03-09

    Pharos Network welcomes TopNod to RealFi Alliance to scale self-custody infrastructure

    2026-03-09
  • Web 3
    • NFT
    • Metaverse
  • Regulation

    SEC pressure on crypto giants fades as Trump-linked project draws $75M from Justin Sun

    2026-03-08

    Refusing new IRS crypto tax forms could cost you your exchange account

    2026-03-07

    US lawmakers consider ban on prediction markets amid bets on Iran

    2026-03-06

    De volatiliteit van Bitcoin zou in april kunnen exploderen als SEC de markt achter de ETF-leverage beoordeelt

    2026-03-06

    Crypto company Kraken secures a direct link to Federal Reserve payments

    2026-03-04
  • Analysis

    XRP’s unrealized losses soar to over $50 billion due to the oil price shock

    2026-03-09

    Bitcoin Price Drops Below $68,000, Downside Targets Come into Focus

    2026-03-09

    Bitcoin signals economic concerns as oil prices rise

    2026-03-09

    Ethereum Price Extends Pullback, Support at $1,920 Now Under Threat

    2026-03-09

    Solana (SOL) Plummets to $80, Traders Look to Critical Support Defense

    2026-03-09
  • Learn

    What Is Composability in DeFi and Why It Matters

    2026-03-09

    Hoeveel Crypto-portemonnees moet je echt hebben?

    2026-03-09

    What Is Wrapped ETH (WETH) and Why Do You Need It in DeFi?

    2026-03-06

    What Is Crypto Protocol and Why Coins Need It

    2026-03-04

    Wat is Liquid Proof-of-Stake: uitgelegd voor beginners

    2026-03-02
  • Blog
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Altcoins»Trump-backed WLFI raises 2,868 ETH and sells $8 million WBTC
Altcoins

Trump-backed WLFI raises 2,868 ETH and sells $8 million WBTC

2026-01-26No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

World freedom financial (WLFI)a crypto project backed by US President Donald Trump, this week moved some of its Bitcoin exposure to Ethereum. Reports say the group sold packaged Bitcoin assets and raised a large amount of Ether in the same series of transactions.

Related reading

WLFI goes from WBTC to ETH

According to blockchain trackers, approximately 93.77 WBTC was soldwhich amounted to approximately $8 million at the time of the exchange. The proceeds purchased approximately 2,868 ETH, with an average price of approximately $2,813 per unit.

The transaction was executed from a wallet that on-chain analysts link to WLFI’s treasury. That wallet activity was visible on public ledgers and shared on various crypto news sites and data monitors.

Onchain data and market context

Prices were modestly lower for ETH when the purchase happened, which some traders see as a buying opportunity. Reports say the move comes as Ethereum trading ranges have made some holders rethink where to park large sums.

The world freedom finance (@worldlibertyfi) has sold 93.77 $WBTC ($8.07 million) for 2,868.4 $ETH for a price of $2,813.

Address: 0xee7f7f53f0d0c8c56a38e97c5a58e4d321a174dc

Facts @nansen_ai pic.twitter.com/yhh7IvYLLz

— Onchain Lens (@OnchainLens) January 26, 2026

WBTC is a tokenized form of Bitcoin that is part of the Ethereum chain, so exchanging it for native ETH changes the way those funds can be used within decentralized finance.

The money was transferred through a public wallet linked to WLFI. This was confirmed by on-chain evidence distributed by data platforms.

Strategic reasons behind the shift

Several reasons could explain the exchange. Holding ETH gives instant access to smart contracts, staking and DeFi tools WBTC cannot bid on itself.

See also  Solana NFT Marketplace Tensor token debuts to $640 million in trading volume

Some market watchers believe WLFI may be positioning itself to use ETH for on-chain services, staking, or profit from future network operations.

Others suggest it could be a way to rebalance the risk between value stocks and utility tokens. Reports say that no motive can be proven from the chain itself, only from the cash flows.

WLFI is currently trading at $0.16. Graphic: Trading view

Response and broader signals

Traders reacted with curiosity rather than panic. Prices barely moved on the news, indicating that the market may already have priced in similar flows.

Smaller investors were watching closely as such a swap draws attention through a high-profile, politically connected project. The portfolio activity was publicly monitored, and analysts noted that the timing corresponded with a period of calmer ETH price action.

Related reading

What this could mean for investors

Reports note that these types of big rebalances can change sentiment in the short term, although they don’t always lead to lasting rallies. For holders who prefer simplicity, exchanging WBTC for ETH changes the way capital can be used, from a Bitcoin peg to native network participation.

Featured image from Unsplash, chart from TradingView



Source link

ETH Million raises sells Trumpbacked wBTC WLFI
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Altcoins are approaching historic stress levels as 38% of tokens are near all-time lows

2026-03-09

XRP starts new week with bullish confirmation, but this level is a problem

2026-03-09

Capital B buys 2 Bitcoin for €0.1 million – Holdings expands to 2,836 BTC

2026-03-09

Why XRP’s long-term view is in the Internet of Value stack

2026-03-09
Add A Comment

Comments are closed.

Top Posts

Why crypto is falling in value today: FOMC and CPI are driving decline

2024-06-12

Will Beerish metrics push BTC price under $ 80k?

2025-03-29

Trump’s Bitcoin Reserve: Reasons why this can and cannot ignite, crypto rally

2025-03-07
Editors Picks

American banks can now legally deal with crypto and stablecoins, says OCC

2025-03-08

Chaingpt to promote Web3 and AI integration in collaboration with Marlin Protocol

2025-04-20

Michael Saylor’s $1 Billion Bitcoin Stash: ‘I’ll Keep Acquiring More’

2024-08-08

Buterin emphasizes protection for leaders

2025-10-09

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Altcoins are approaching historic stress levels as 38% of tokens are near all-time lows

What Is Composability in DeFi and Why It Matters

Aylab joins the REI network to accelerate the growth of the scalable web3 infrastructure

Get Informed

Subscribe to Updates

Get the latest news and Update from Bitcoin Platform about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
© 2026 Bitcoinplatform.com - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.