- World Liberty Fi moved all assets to Coinbase Prime after market losses raising questions about its strategy.
- The fund expanded its ETH holdings to 67,000 tokens before transferring assets signaling continued interest in crypto.
- Blockchain data shows World Liberty Fi now holds $373M in crypto with ETH and WBTC as its largest assets.
World Liberty Fi has transferred all assets from its public portfolio, triggering speculation within the crypto community. The movement came after months of holding assets, including Ethereum (ETH), and making additional purchases during market stagnation. Despite these outflows, ETH rebounded from daily lows and traded at $2,764.14.
Fund Faces Market Losses Before Transfers
The fund incurred an estimated paper loss of $25 million to $50 million after the recent market crash. Following the downturn, assets moved rapidly to Coinbase Prime. Before these transactions, World Liberty Fi stated it was reallocating its treasury rather than selling its holdings. However, the large ETH transfers raised concerns about a potential panic sell.
Possible Reasons for Asset Movement
Several factors may explain the transfers. One possibility is that the fund is securing assets through custodial wallets like Coinbase and Gnosis Safe Proxy. World Liberty Fi expanded its ETH holdings to 67,000 tokens before this move, indicating continued interest in the asset. The fund previously bought the dip, absorbing whale sell-offs.
On-chain data suggests some holdings, including USDC, were relocated for additional security. A $2 million USDC transfer was sent to a new intermediary address. Other assets, such as Wrapped Bitcoin (WBTC), followed similar transfer patterns before reaching Coinbase Prime.
Vanity Addresses and ENS Acquisitions
Recent data revealed World Liberty Fi acquired ENS names like 9290.eth and yatogame.eth. The 9290.eth wallet matches the original fund address tracked by Arkham Intelligence. The wallet also executed some of the WBTC transactions.
Additionally, the fund controls vanity addresses such as WorldLiberty.ETH, trumpcoin.eth, eric trump.eth, and barron trump.eth. Other vanity tokens were sent to its multisig wallet, but no confirmation exists on whether the fund acquired them intentionally.
Additional Asset Transfers and DeFi Involvement
World Liberty Fi also moved Chainlink (LINK), Aave (AAVE), MOVE, USDC, and ETH to intermediary addresses before swapping out its stETH. Meanwhile, speculation arose regarding its WLFI token. Reports suggest the fund explored token swaps with blockchain projects whose tokens it had recently acquired.
Blockchain data shows World Liberty Fi currently holds $373 million in crypto, with ETH and WBTC as its largest assets. The fund’s latest ETH purchase occurred in late January, totaling $10 million.
