Trump Family's 'World Liberty', Large Ethereum Transfer... $60 Million Scale

Source
JOON HYOUNG LEE

Summary

  • World Liberty Financial has reportedly transferred over $60 million worth of Ethereum to various wallets recently.
  • This transfer is part of financial management, and World Liberty Financial stated that they have not sold tokens.
  • The asset reallocation is emphasized as a measure for general business purposes.

World Liberty Financial (WLFI) has reportedly transferred over $60 million worth of Ethereum in the past 24 hours. World Liberty Financial is a cryptocurrency project led by the family of Donald Trump, the President-elect of the United States.

On the 14th (local time), The Block reported this information citing data from the on-chain analysis platform Arkham Intelligence. Specifically, World Liberty Financial distributed and transferred Ethereum worth $61.4 million (approximately 90 billion KRW) to various wallets in the past 24 hours.

World Liberty Financial explained that this Ethereum transfer is "part of financial management." Through X, World Liberty Financial stated, "We have not sold tokens," and "We are merely reallocating assets for general business purposes." They added, "Such measures are for safe and efficient financial management."

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JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist based in Seoul
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