World Liberty Financial (WLFI), a DeFi project backed by the Trump family, transferred 8 tokens worth $305 million to Coinbase Prime in the past 8 hours. Now there is no way to know when they will sell these tokens 😂
These tokens were basically purchased on the chain by WLFI using the funds obtained from the public sale of tokens in the past period of time.
14.5% of the transferred tokens were transferred to WLFI's multi-signature address 0xEe7; 85.5% were transferred to Coinbase Prime.
According to WLFI's official Twitter, this is an asset allocation for business purposes rather than a sale (of course, since it has entered Coinbase Prime, we have no way of knowing). The 14.5% transferred to WLFI's multi-signature address is likely to be the management fee charged by WLFI.
Tokens transferred to Coinbase Prime:
73,783 ETH ($212.5M);
552.9 WBTC ($56.02M);
22.85 million USDC;
219,000 LINK ($4.75M);
16,500 AAVE ($4.62M);
2.05 million MOVE ($1.38M);
114,000 ONDO ($0.16M);
4.941 million ENA ($3.34M).
Did you find the highlight: all the assets held in the WLFI address have been transferred out, only Sun's TRX has not moved, what does this mean🤔
WLFI address: 0x5be9a4959308A0D0c7bC0870E319314d8D957dBB