On Monday, the Donald Trump-linked DeFi protocol company World Liberty Financial transferred more than$ 250 million in Ethereum, wrapped Bitcoin, and other Ethereum-based assets from its multi-sig wallet, despite the venture’s claim that it is not selling the assets in the midst of tense market changes.

The protocol posted on X ( previously known as Twitter ) states that” we’re making routine movements of our crypto assets as part of regular treasury management, payment of fees and charges, and address working capital specifications.” ” To be clear, we are not selling tokens—we are simply reallocating assets for ordinary business purposes” .&nbsp,

The protocol’s treasury, which held more than$ 400 million in assets on February 2 based on Arkham Intelligence’s portfolio archive tool, now holds less than$ 90 million in total assets.

The largest flows came from Ethereum and Wrapped Bitcoin—or WBTC, a 1: 1 backed Cryptocurrency solution that trades on Ethereum—of which practically$ 168 million and$ 64 million were transferred both on Monday evening.

The majority of the Ethereum outflows were made possible by a pocket known as Coinbase Prime, the American bitcoin exchange’s full-service brokerage for organisational quality investors, which led to rumors that the platform may be selling.

This is the second time the system has assured its users that it is not selling currencies, most recently on January 14. The platform last did but on January 14. &nbsp,

A week after that announcement, the project excited the crypto community when it purchased more than$ 100 million worth of crypto assets, highlighted by$ 47 million in Ethereum and Wrapped Bitcoin respectively, as a way of commemorating Trump’s inauguration as the 47th President of the United States.

In addition to transfers of Ethereum and Wrapped Bitcoin, World Liberty Financial also moved smaller chunks of Aave ( AAVE), Ethena ( ENA ), Movement ( MOVE), Chainlink ( LINK), and Ondo ( ONDO ). &nbsp,

The software, which is still conducting an expanded key sales, still has more than 1 billion WLFI currencies available for$ 0.05 each. World Liberty Financial is said to be inspired by President Trump, who serves as the project’s Chief Crypto Advocate alongside his sons, Donald Jr., Eric, and Barron, who are listed as” Web3 Ambassadors” to the project.

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