Related News

Texas school district blames ‘procedural breakdown’ after student reveals Islamic group distributed Qurans, hijabs on campus

Texas school district blames ‘procedural breakdown’ after student reveals Islamic group distributed Qurans, hijabs on campus

February 5, 2026

US Bitcoin ETFs are on their longest inflow streak this year as funds hit near 7% of BTC supply

April 26, 2026
XRP, BNB, and ETH Look Bullish—but Ozak AI Prediction Points to Explosive Growth

XRP, BNB, and ETH Look Bullish—but Ozak AI Prediction Points to Explosive Growth

November 5, 2025

Browse by Category

  • Canadian news feed
  • Crypto
  • Faith
  • Geothermal
  • Golf news
  • Hockey news
  • Running & fitness
  • Skateboarding
  • Sports & Fitness
  • WeMaple news

Related News

Texas school district blames ‘procedural breakdown’ after student reveals Islamic group distributed Qurans, hijabs on campus

Texas school district blames ‘procedural breakdown’ after student reveals Islamic group distributed Qurans, hijabs on campus

February 5, 2026

US Bitcoin ETFs are on their longest inflow streak this year as funds hit near 7% of BTC supply

April 26, 2026
XRP, BNB, and ETH Look Bullish—but Ozak AI Prediction Points to Explosive Growth

XRP, BNB, and ETH Look Bullish—but Ozak AI Prediction Points to Explosive Growth

November 5, 2025

Browse by Category

  • Canadian news feed
  • Crypto
  • Faith
  • Geothermal
  • Golf news
  • Hockey news
  • Running & fitness
  • Skateboarding
  • Sports & Fitness
  • WeMaple news
WEMAPLE NEWS - Brand Partnerships
  • Home
  • Canadian news feed
  • Skateboarding
  • Sports & Fitness
    • Golf
    • Hockey
    • Running & fitness
  • Faith
  • Geothermal
  • Crypto
  • WeMaple news
No Result
View All Result
CONTRIBUTE
WEMAPLE NEWS - Brand Partnerships
  • Home
  • Canadian news feed
  • Skateboarding
  • Sports & Fitness
    • Golf
    • Hockey
    • Running & fitness
  • Faith
  • Geothermal
  • Crypto
  • WeMaple news
No Result
View All Result
WEMAPLE NEWS - Brand Partnerships
No Result
View All Result
Home Crypto

Trump-Backed WLFI Snaps Up 2,868 ETH, Sells $8M WBTC

WeMaple AI by WeMaple AI
January 27, 2026
in Crypto
0
Trump-Backed WLFI Snaps Up 2,868 ETH, Sells $8M WBTC
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

World Liberty Financial (WLFI), a crypto project backed by US President Donald Trump, moved a chunk of its Bitcoin exposure into Ethereum this week. Reports say the group sold wrapped Bitcoin holdings and picked up a large amount of Ether in the same set of transactions.

You might also like

Why is Bitcoin Price Down Today? BTC Price Slides to $77K

Retail Bitcoin Activity Falls to Record Low

Iran Introduces Bitcoin-Powered Shipping Platform

WLFI Moves From WBTC To ETH

According to blockchain trackers, about 93.77 WBTC was sold, which worked out to roughly $8 million at the time of the swap. The proceeds were used to buy around 2,868 ETH, with an average price of about $2,813 per unit.

The trade was executed from a wallet that on-chain analysts link to WLFI’s treasury. That wallet activity was visible on public ledgers and has been shared across several 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 chance. Reports say this move comes as Ethereum trading ranges have made some holders rethink where to park large sums.

The World Liberty Finance (@worldlibertyfi) has sold 93.77 $WBTC ($8.07M) for 2,868.4 $ETH at a price of $2,813.

Address: 0xee7f7f53f0d0c8c56a38e97c5a58e4d321a174dc

Data @nansen_ai pic.twitter.com/yhh7IvYLLz

— Onchain Lens (@OnchainLens) January 26, 2026

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

The funds were moved through a public wallet tied to WLFI. This was confirmed by on-chain evidence that was circulated by data platforms.

Strategic Reasons Behind The Shift

Several reasons could explain the swap. Holding ETH gives direct access to smart contracts, staking, and DeFi tools that WBTC cannot offer on its own.

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

Others suggest it could be a way to rebalance risk between stores of value and utility tokens. Reports say no single motive can be proved from the chain itself, only the movement of funds.


Reaction And Broader Signals

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

Smaller investors watched closely because such a swap by a high-profile, politically linked project draws attention. The wallet activity was tracked publicly, and analysts noted the timing matched a period of calmer ETH price action.

What This Could Mean For Investors

Reports note that big reallocations like this can change short-term sentiment, though they do not always lead to lasting rallies. For holders who prefer simplicity, swapping WBTC for ETH changes the way capital can be used, moving from a Bitcoin peg to native network participation.

Featured image from Unsplash, chart from TradingView

Read Entire Article
Tags: Cryptonewsbtc
Share30Tweet19
WeMaple AI

WeMaple AI

Recommended For You

Why is Bitcoin Price Down Today? BTC Price Slides to $77K

by WeMaple AI
May 18, 2026
0
Why is Bitcoin Price Down Today? BTC Price Slides to $77K

The post Why is Bitcoin Price Down Today BTC Price Slides to $77K appeared first on Coinpedia Fintech News Bitcoin dropped close to $77,000 after briefly recovering toward...

Read more

Retail Bitcoin Activity Falls to Record Low

by WeMaple AI
May 18, 2026
0
Retail Bitcoin Activity Falls to Record Low

The post Retail Bitcoin Activity Falls to Record Low appeared first on Coinpedia Fintech News New on-chain data shows retail Bitcoin participation has dropped to historic lows, with...

Read more

Iran Introduces Bitcoin-Powered Shipping Platform

by WeMaple AI
May 18, 2026
0
Iran Introduces Bitcoin-Powered Shipping Platform

The post Iran Introduces Bitcoin-Powered Shipping Platform appeared first on Coinpedia Fintech News Iran has launched Hormuz Safe, a state-backed maritime insurance platform accepting cryptocurrency

Read more

Ethereum Price Tumbles Hard, Bears Tighten Grip On Market Momentum

by WeMaple AI
May 18, 2026
0
Ethereum Price Tumbles Hard, Bears Tighten Grip On Market Momentum

Ethereum price started a fresh decline and traded below $2,050 ETH is now consolidating below $2,150 and might struggle to recover Ethereum started a downside extension below the...

Read more

Zcash (ZEC) Price Surges as Selective Momentum Builds—Is a Break Above $600 Imminent?

by WeMaple AI
May 18, 2026
0
Zcash (ZEC) Price Surges as Selective Momentum Builds—Is a Break Above $600 Imminent?

The post Zcash (ZEC) Price Surges as Selective Momentum Builds—Is a Break Above $600 Imminent appeared first on Coinpedia Fintech News Zcash (ZEC) has emerged as one of...

Read more
Next Post
Crypto Firm Entropy Calls It Quits, Plans Full Investor Refunds

Crypto Firm Entropy Calls It Quits, Plans Full Investor Refunds

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

Texas school district blames ‘procedural breakdown’ after student reveals Islamic group distributed Qurans, hijabs on campus

Texas school district blames ‘procedural breakdown’ after student reveals Islamic group distributed Qurans, hijabs on campus

February 5, 2026

US Bitcoin ETFs are on their longest inflow streak this year as funds hit near 7% of BTC supply

April 26, 2026
XRP, BNB, and ETH Look Bullish—but Ozak AI Prediction Points to Explosive Growth

XRP, BNB, and ETH Look Bullish—but Ozak AI Prediction Points to Explosive Growth

November 5, 2025

Browse by Category

  • Canadian news feed
  • Crypto
  • Faith
  • Geothermal
  • Golf news
  • Hockey news
  • Running & fitness
  • Skateboarding
  • Sports & Fitness
  • WeMaple news
WEMAPLE NEWS – Brand Partnerships

Wemaple will be firmly committed to the public interest and democratic values.

CATEGORIES

  • Canadian news feed
  • Crypto
  • Faith
  • Geothermal
  • Golf news
  • Hockey news
  • Running & fitness
  • Skateboarding
  • Sports & Fitness
  • WeMaple news

BROWSE BY TAG

AZO Clean Tech Bitcoinist Bitcoinmagazine Canada News CBC.ca Celebrity News Christian Post CoinPedia Corporate Knights Crypto Cryptoslate Faith Geothermal Golf Hockey Lifehacker Ludwig-van.com NcrOnline newsbtc Skateboarding tomsguide.com Utah news dispatch

© 2025 wemaple.canadiana.news - all rights reserved. YYC TECH CONSULTING.

No Result
View All Result
  • Home
  • Canadian news feed
  • Skateboarding
  • Sports & Fitness
    • Golf
    • Hockey
    • Running & fitness
  • Faith
  • Geothermal
  • Crypto
  • WeMaple news

© 2025 wemaple.canadiana.news - all rights reserved. YYC TECH CONSULTING.