World Liberty Finance Swaps $8.07M in WBTC for Ethereum

World Liberty Finance, backed by US President Donald Trump, shifted $8 million from WBTC to ETH, indicating a strategic move towards Ethereum’s native functionality and DeFi ecosystem use cases.

ETH

WBTC

52d ago

Fact Check

The statement is strongly supported by a high degree of consensus across all nine provided sources. Multiple independent news outlets, including those on major cryptocurrency exchange platforms (Binance, Bitget, Phemex) and a mainstream financial news site (Yahoo Finance), corroborate every key detail of the transaction. The specific figures are remarkably consistent: World Liberty Finance swapping approximately 93.77 WBTC for 2,868.4 ETH, with a corresponding value of $8.07 million. Several sources explicitly attribute this information to monitoring by "Onchain Lens," an on-chain data analysis tool, which strengthens the claim by suggesting it is based on actual blockchain transaction data. While two lower-authority sources contain date typos, this appears to be a minor error in reporting and does not contradict the core facts of the transaction itself, which are affirmed by the other, more credible sources. There is no conflicting evidence presented; all sources point to the same conclusion.

Summary

World Liberty Financial (WLFI), a crypto project backed by US President Donald Trump, sold 93.77 Wrapped Bitcoin (WBTC) worth about $8.07 million in a swap for 2,868.4 ETH at an average price of $2,813. Blockchain trackers linked the trade to WLFI’s treasury wallet, highlighting a transition from Bitcoin-pegged assets to Ethereum’s native token. The move grants WLFI direct access to smart contracts, staking, and decentralized finance tools unavailable with WBTC. Market reaction was muted, with prices remaining stable, though analysts note such reallocations can influence short-term sentiment.

Terms & Concepts

Wrapped Bitcoin (WBTC): A tokenized version of Bitcoin on the Ethereum blockchain, backed 1:1 by Bitcoin and enabling use in Ethereum-based decentralized applications.
ETH (Ethereum): Native cryptocurrency of the Ethereum network, used for transactions, smart contracts, and decentralized applications.