Massive Ethereum Transfers Linked to Trump Spark Speculation

A crypto project associated with Donald Trump has moved a substantial amount of Ethereum to Coinbase Prime, raising questions about its intentions.
On-chain data shows that World Liberty Financial transferred over $307 million in assets on February 4, with the bulk of it—73,783 ETH worth $212 million—being the largest transaction. Other assets, including Wrapped Bitcoin (WBTC), Chainlink (LINK), and stablecoins, were also part of the movement.
The transfers fueled speculation within the crypto community, with some suggesting the project might be using its ETH reserves as collateral for a new stablecoin. Amid this, Eric Trump took to social media, urging investors to buy Ethereum—a post that coincided with a surge in ETH’s price, pushing it toward $2,900.
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Interestingly, after moving funds to exchanges, World Liberty Financial repurchased ETH, converting staked assets and acquiring 1,826 ETH at around $2,738 per token.
Despite speculation that the project was liquidating its holdings, World Liberty Financial denied selling off assets, stating that the transactions were routine treasury adjustments. It currently holds approximately $33.1 million in crypto, including significant amounts of USDC and staked ETH.
With these high-profile movements and Trump family involvement, the project’s next steps remain uncertain, keeping investors on edge.