World Liberty Financial deposits $38.5M in ETH to Coinbase Prime

Blockchain analytics firm Spot On Chain reported on X that World Liberty Financial (WLFI), a crypto project led by the family of U.S. President-elect Donald Trump, deposited $38.5 million worth of 11,918 Ethereum (ETH) into Coinbase Prime. Spot On Chain noted that WLFI swapped $9.89 million worth of WBTC for ETH an hour ago, which was then deposited into Coinbase Prime. Currently, WLFI holds about $25.1 million worth of 7,766 ETH and $1.69 million worth of 17.62 WBTC.