World Liberty Financial (WLFI) Surges to $235 Million on ETH, USDT, and USDC Holdings After WFLI Sellout

COINOTAG News reported on January 20th that on-chain analyst @ai_9684xtpa has observed a significant uptick in the on-chain assets of World Liberty Financial (WLFI), now valued at $235 million following the completion of a recent sale of WFLI. The institution’s top three asset holdings consist of Ethereum (ETH) at $109 million, Tether (USDT) at $63.23 million, and USD Coin (USDC) at $55.16 million. Notably, WLFI’s ETH reserves have expanded to 33,631 coins, largely reflecting the proceeds from its public offering. Out of these, only 12,601 ETH were newly acquired through market purchases. The institution has strategically acquired a total of 24,433 ETH, with an average purchase price of $3,379 per coin; intriguingly, 11,832 ETH has been transferred to Coinbase for undisclosed purposes, raising questions regarding future liquidity strategies.

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.