In Brief
- World Liberty Financial sells $8M in WBTC and reallocates funds into Ethereum.
- Onchain data shows WLFI bought 2,868 ETH at an average price near $2,813.
- Whale activity reveals mixed ETH sentiment as some sell while others accumulate.
A major portfolio shift placed Ethereum back into focus as World Liberty Financial reduced its Bitcoin-linked exposure. The Trump-backed blockchain project exited more than $8 million in Wrapped Bitcoin and redirected funds into Ether.
Onchain data showed the entity sold 93.77 WBTC and acquired 2,868.4 ETH. The transactions executed at an average purchase price near $2,813 per ether.
The wallet address associated with the transactions confirmed a complete exit from WBTC holdings. Wrapped Bitcoin represents Bitcoin on the Ethereum network through one-to-one backing.
By selling WBTC, the project effectively shifted capital exposure from Bitcoin toward Ethereum. The reallocation occurred as Ether prices traded below recent highs and faced broader market pressure.
Despite price weakness, institutional positioning showed selective accumulation rather than withdrawal.
Whale Activity and Market Data Reflect Mixed Ethereum Sentiment
Ethereum prices remained under pressure as broader crypto markets declined. ETH traded near $2,886, reflecting daily, weekly, and monthly losses.
Bitcoin also showed weakness, trading near $87,782 with declining weekly performance. However, long-term positioning varied across large market participants.
Data from Lookonchain showed contrasting whale behavior during recent sessions.
One address sold 5,500 ETH over three days after earlier purchases at higher prices.
That same wallet bought 2,000 ETH five days earlier before exiting at a loss. The activity reflected short-term volatility rather than sustained accumulation.
In contrast, another over-the-counter whale continued aggressive buying during price dips.
The address acquired an additional 20,000 ETH worth over $56 million within hours.
Over the past five days, the same whale accumulated more than 70,000 ETH valued near $203.6 million. These purchases suggested confidence in Ethereum’s longer-term valuation.
Institutional strategies also diverged across the market. While some firms reduced Ethereum exposure, others increased allocations during the downturn.
Together, WLFI’s reallocation and whale activity highlighted selective accumulation amid uncertainty. Ethereum remained a focal point for capital rotation despite ongoing market volatility.
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Source: https://coincu.com/news/world-liberty-financial-shifts-8m/