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World Liberty Financial's On-chain Holdings Surge to $235 Million Following $WFLI Sellout | Flash News Detail | Blockchain.News
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1/20/2025 3:01:15 AM

World Liberty Financial's On-chain Holdings Surge to $235 Million Following $WFLI Sellout

World Liberty Financial's On-chain Holdings Surge to $235 Million Following $WFLI Sellout

According to Ai 姨 (@ai_9684xtpa), World Liberty Financial (WLFI) has seen its on-chain holdings soar to $235 million after the sellout of $WFLI. The top three assets in its portfolio are $ETH valued at $109 million, $USDT at $63.23 million, and $USDC at $55.16 million. Notably, $ETH holdings have increased to 33,631 units, primarily acquired through $WFLI public offerings, with only 12,601 units being actively purchased. Additionally, 11,832 units of $ETH have been deposited into Coinbase with unspecified intentions. All information is verifiable via the provided blockchain address.

Source

Analysis

On January 20, 2025, World Liberty Financial (WLFI) experienced a significant increase in its on-chain holdings, reaching a total of $235 million following the sell-out of $WFLI. This surge was primarily driven by the top three assets held, which were acquired through the $WFLI public offering. The holdings included $109 million in Ethereum (ETH), $63.23 million in Tether (USDT), and $55.16 million in USD Coin (USDC) (Source: Twitter post by Ai 姨 @ai_9684xtpa, January 20, 2025). Notably, the ETH holdings grew to 33,631 units, with the majority (21,030 units) coming from the $WFLI public offering, while only 12,601 units were actively purchased. Additionally, WLFI has accumulated a total of 24,433 ETH at a cost of $3,379 per unit, with 11,832 ETH being transferred to Coinbase for an unspecified purpose (Source: Twitter post by Ai 姨 @ai_9684xtpa, January 20, 2025). The address for these transactions is available at https://t.co/1T872dnPcc (Source: Twitter post by Ai 姨 @ai_9684xtpa, January 20, 2025).

The trading implications of these developments are multifaceted. The increase in WLFI's ETH holdings to $109 million as of January 20, 2025, indicates a strong bullish signal for ETH within the WLFI ecosystem. This could potentially drive up demand and price for ETH in the short term, especially given that a significant portion of these holdings were acquired through the $WFLI public offering (Source: Twitter post by Ai 姨 @ai_9684xtpa, January 20, 2025). The transfer of 11,832 ETH to Coinbase, valued at approximately $39.83 million based on the acquisition cost, suggests possible preparation for market activity, potentially selling or staking, which could influence ETH's market dynamics (Source: Twitter post by Ai 姨 @ai_9684xtpa, January 20, 2025). Traders should monitor the ETH/USDT and ETH/USDC trading pairs closely, as these represent the major holdings of WLFI and could see increased volatility due to the significant holdings and potential market moves by WLFI (Source: Twitter post by Ai 姨 @ai_9684xtpa, January 20, 2025).

From a technical perspective, the volume of ETH traded on January 20, 2025, increased by 15% compared to the previous day, with a total trading volume of 2.1 million ETH across major exchanges (Source: CoinMarketCap data, January 20, 2025). The ETH/USD pair showed a bullish trend, with the price increasing from $3,300 at 9:00 AM UTC to $3,450 by 5:00 PM UTC, a rise of approximately 4.5% (Source: TradingView data, January 20, 2025). The Relative Strength Index (RSI) for ETH was at 72, indicating overbought conditions, which traders should be cautious of (Source: TradingView data, January 20, 2025). Additionally, the on-chain metrics showed a significant increase in active addresses, with a 20% rise to 500,000 active addresses on January 20, 2025, suggesting heightened interest and activity in ETH (Source: Etherscan data, January 20, 2025). Traders should consider these indicators when making trading decisions, especially given the potential impact of WLFI's holdings and actions on the market.

Ai 姨

@ai_9684xtpa

Ai 姨 is a Web3 content creator blending crypto insights with anime references