According to on-chain monitoring data from Onchain Lens, in the early hours of January 26th, World Liberty Finance executed a transaction selling 93.77 WBTC, with an estimated total value of approximately $8.07 million, in exchange for 2,868.4 ETH.
The transaction price at the time of the swap was approximately $2,813 per ETH, indicating that this was a large-scale, deliberate transaction, rather than a typical small-scale trading activity.
Restructuring my portfolio from BTC to ETH?
This move comes as ETH is attracting renewed attention from large DeFi institutions and projects, particularly in relation to:
- Real Asset Tokenization (RWA)
- Stablecoins and on-chain payment infrastructure
- Institutional-scale lending and Staking activities
World Liberty Finance's move to transfer a portion of its reserves from WBTC to ETH could reflect a portfolio rebalancing strategy aimed at optimizing liquidation or preparing for future Ethereum-related DeFi activities.
No immediate signs of ETH selling have been observed.
According to current data, there are no on-chain signals indicating that the received ETH has been sold or transferred to a centralized exchange. This increases the likelihood that the ETH will be:
- Keep in the Treasury
- Use as collateral
- Or participate in other DeFi strategies.
