World Liberty Financial, the decentralized finance project backed by US President Donald Trump, has transferred a significant portion of Ethereum holdings to Coinbase Prime.

On-chain data reveals that the total transfer spanned eight assets and took place across 13 transactions.

Decentralized finance project World Liberty Financial, which is backed by US President Donald Trump, shifted a large portion of its Ethereum holdings to Coinbase Prime on February 4.

According to on-chain data, the total transfer spanned eight assets and took place across 13 transactions.

The largest transaction involved the transfer of 73,783 Ethereum (ETH) spanned across two transactions, valued at over $212 million at current prices.

Other assets being shifted by World Liberty Financial included 552 Wrapped Bitcoin (WBTC) valued at $52.7 million, 219,149 Chainlink (LINK) worth $4.7 million, 16,585 Aave (AAVE) valued at $4.5 million, 4.9 million Ethena (ENA) valued at $3.3 million, 2.0 million Movement (MOVE) worth $1.3 million, and 114,754 Ondo (ONDO) valued at $160,656. The transfer also included USDC valued at $27.86 million.

This bulk transfer of crypto assets by World Liberty Financial has sparked speculation within the crypto community, with some users suggesting that the Trump family may be planning to launch a stablecoin.

“I think Trump family is building a stablecoin like MIM but with aave fork instead of what we did with isolated market. That’s my opinion. This is why they have so much ETH as collateral for that,” noted one user on X (formerly Twitter).

As World Liberty Financial shifted its ETH holdings, Donald Trump’s son, Eric Trump, took to X and called to buy ETH.

“In my opinion, its a great time to add ETH. You can thank me later,” Eric Trump wrote on X.

The post triggered a surge in ETH’s price, with the altcoin surging close to $2,900. Notably, ETH had already rebounded to approximately $2,700 before Eric Trump’s post. This recovery followed the President’s decision to temporarily postpone proposed tariffs on Canada and Mexico amid ongoing negotiations.

Moreover, the price adjusted to $2,703 at press time, marking an 8.3% increase over the past day.

Interestingly, shortly after executing these transfers, World Liberty Financial also bought ETH. The project unstaked 19,423 stETH and converted it into ETH. Additionally, it spent 5 million USDC to purchase 1,826 ETH at $2,738 per token.

According to the latest data from Arkham Intelligence, at press time, World Liberty Financial currently holds approximately $33.1 million in crypto assets.

The largest holding is USDC, totaling $15.09 million, followed by 40.72 million WTRX valued at $9.2 million. The portfolio also includes 1,828 stETH worth $5.15 million, $3.1 million in USDT, and 84.08 ETH valued at $237,620.

As World Liberty Financial shifted a large portion of its assets to crypto exchanges, there were reports that the firm intended to sell its assets. However, World Liberty Financial quickly dismissed the speculation.

In a statement on X, it clarified that the recent transfers were part of its regular treasury management.

“To be clear, we are not selling tokens—we are simply reallocating assets for ordinary business purposes,” the post read.

World Liberty emphasized that these actions are standard practice for maintaining a secure and efficient treasury and urged the public to avoid speculation.