According to OnchainLens, World Liberty Finance has continued liquidating Wrapped Bitcoin into USDC, with recent transactions showing a larger cumulative sell-off over the past several hours.
World Liberty Finance expanded its Wrapped Bitcoin (WBTC) liquidation, selling an additional 100 WBTC for 6.71 million USDC, according to OnchainLens. Over the past 10 hours, the entity has cumulatively sold 173 WBTC for approximately $11.75 million, reinforcing a continued shift from tokenized Bitcoin holdings into the stablecoin USDC.