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

OP Concise data confidentiality allows institutions to hide transaction data on Ethereum

2026-05-14

Crypto markets are vastly underestimating the passage of the Clarity Act

2026-05-14

Traders are faced with a vulnerable situation

2026-05-14
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

    OP Concise data confidentiality allows institutions to hide transaction data on Ethereum

    2026-05-14

    Tether unveils developer grant program to fund on-device AI and open-source payment tools

    2026-05-14

    Google BigQuery adds support for ZeroG On-Chain data analytics

    2026-05-14

    Ondo brings tokenized US equities to Hyperliquid’s HyperEVM

    2026-05-13

    Ronin moves from independent sidechain to Ethereum layer 2

    2026-05-13
  • Web 3
    • NFT
    • Metaverse
  • Regulation

    Crypto markets are vastly underestimating the passage of the Clarity Act

    2026-05-14

    CLARITY Act faces more than 100 changes as bankers send 8,000 demand letters against stablecoin rewards

    2026-05-13

    Bank lobbyists battle Clarity Act, saying bill would risk ‘flight from bank deposits’ to payment stability

    2026-05-12

    Het Witte Huis onthult dat Amerikaanse banken ‘weigerden’ bijeenkomsten bij te wonen om het probleem met stablecoin-beloningen in de CLARITY Act op te lossen

    2026-05-11

    Progress on the CLARITY Act markup now depends on these Democratic lawmakers

    2026-05-11
  • Analysis

    Wells Fargo Executive Gives Details on ‘Number One’ Stock Picks, Says Company Is Going Through a Generational Restructuring

    2026-05-14

    Ethereum Price Flashes Weakness Signals, Pullback Fears Start to Rise

    2026-05-14

    Ethereum Price Flashes Weakness Signals, Pullback Fears Start to Rise

    2026-05-14

    XRP price remains lower as buyers remain on the sidelines

    2026-05-14

    Dogecoin (DOGE) breaks away from the pack as momentum turns aggressive

    2026-05-14
  • Learn

    AI Agent by Changelly: automated crypto swaps and no-code API integration

    2026-05-13

    Parabolic SAR Crypto Guide: Signals, Settings, and Risks

    2026-05-13

    What Is the Average Directional Index (ADX) in Crypto?

    2026-05-12

    Mean Reversion Trading in Crypto: Strategies, Signals, and Risks

    2026-05-12

    Moving Averages in Crypto Explained: SMA, EMA & Crossovers

    2026-05-12
  • 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  Shiba Inu is preparing for a bullish wave of this important support! The unexpected SHIB price twist you can't miss

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

Traders are faced with a vulnerable situation

2026-05-14

The final lineups were explosive

2026-05-14

Why this could be bullish

2026-05-14

Charles Schwab Opens Bitcoin Trading as Nearly $900 Million Flows Back into BTC

2026-05-14
Add A Comment

Comments are closed.

Top Posts

CarV works together with Codatta to promote autonomous agents through people verified by people

2025-08-04

NFTScan and OneID work together for smarter NFT searches

2024-01-29

ETH-Daddy’s plan to make wallets easy to use

2023-07-19
Editors Picks

Bitcoin OTC Desks ‘Dried Up to 40 BTC’: What This Means

2024-03-01

Bitcoin Under $64,000 – Watch these whales and look for reversal signs

2024-04-27

FBI raids Polymarket CEO’s home as DOJ investigates decentralized gambling platform: report

2024-11-15

Crypto market cutter signal that suggests that the bottom is, says Real Vision Analyst – here is his prospects

2025-02-13

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

OP Concise data confidentiality allows institutions to hide transaction data on Ethereum

Crypto markets are vastly underestimating the passage of the Clarity Act

Traders are faced with a vulnerable situation

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.