World Liberty Financial (WLFI), a DeFi project co-founded by US President Donald Trump and his three sons, has recently experienced a revival.
While this rise is believed to be linked to the US military’s capture of Venezuelan President Nicolás Maduro, the WLFI recorded an impressive jump of over 20% after this event.
As bullish expectations for WLFI increase, the World Liberty Financial team exchanged $1.3 million worth of WBTC for Ethereum (ETH).
According to the on-chain data platform Lookonchain, an address believed to belong to World Liberty Financial withdrew 162.69 WBTC, worth $15 million, from Aave.
Of this amount, 13.56 WBTC (worth $1.25 million) was exchanged for ETH.
WLFI is still trading at $0.17 at the time of writing.
*This is not investment advice.
