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The Trump crypto initiative, WLFI, recently announced via social media its ongoing cryptocurrency asset reallocations. This move is part of its standard financial management practices aimed at covering operational expenses and ensuring liquidity. It is crucial to clarify that WLFI is not engaging in a token sale; rather, it is reallocating existing assets to meet routine business needs.
According to data from Onchain Lens, WLFI executed significant transactions on January 15th. Within a two-hour window, the project liquidated 103.15 WBTC at an average price of $3,226 and subsequently acquired 3,075.19 ETH, totaling nearly $9.92 million. Additionally, WLFI transferred 18,535.82 ETH valued at approximately $59.72 million to various wallets, including Coinbase Prime. The project also purchased 17.619 WBTC at an average price of $96,495, amounting to about $1.7 million, further illustrating its active management of assets.
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