April 10, 2025
at
12:00 am
EST
MIN READ
World Liberty Fi Moving USDC
The multisig address tied to US President Donald Trump’s DeFi project, World Liberty Financial, is once again moving funds. The main address, 0x5be, has transferred 775,000 USDC to another World Liberty Financial controlled address, 0xA71. This address has previously been used for the acquisition of altcoins, including Movement (MOVE), Avalanche (AVAX) and Mantle (MNT), before the tokens are sent back to the 0x5be main address.
Although initially used as a signal for partnerships and collaborations between altcoin projects, new World Liberty Financial altcoin purchases have been treated with much less interest. This is in part due to the team usually sending these tokens to Coinbase not long after acquiring them, which could indicate potential selling. Moreover, many of these transactions are also believed to be token exchange deals in which projects invest in the WLFI token sale in exchange for World Liberty Financial acquiring the project’s token, reducing the impact of said token purchases.
