World Liberty Financial spent millions of USDC on DeFi transactions on Thursday based on Nansen and Lookonchain blockchain analytics data.
World Liberty Financial invested $1.4 million USDC in stablecoins to acquire 2.52 million MOVE tokens and spent $5 million USDC to buy 52 wrapped Bitcoin.
https://twitter.com/lookonchain/status/1890225859392598453?ref_src=twsrc%5Etfw” rel=”nofollow noopener” target=”_blank
On the same day, World Liberty Financial simultaneously performed two transactions by staking 2,221 ETH worth $5.9 million into Lido Finance and adding 5 million USDC to Aave’s lending protocol.
SpotOn Chain documented transactions in which World Liberty Financial purchased 830,469 MOVE tokens and 1,917 ETH using its USDC holdings.
World Liberty has spent more than $315 million on crypto purchases since November 2024. The project bought 63,030 ETH at an average price of $3,331 and 699 wrapped BTC at an average price of $105,197. It also purchased TRX alongside LINK, AAVE, and ENA.
The project recently announced that it intends to create Macro Strategy, a strategic token reserve that functions as a diversified funding source to reduce risks and provide “a robust financial backbone” to World Liberty Financial.
World Liberty intends to work with traditional finance institutions and will encourage them to deposit their tokenized assets to Macro Strategy.
“This initiative is more than just a strategic move; it is a testament to our unwavering dedication to innovation, collaboration, and the empowerment of our community,” the statement read.
The World Liberty project remains inactive, but more than 96% of its WLFI token supply has been sold. Approximately 926.9 million tokens circulating in the market at the moment. Wallet owners of WLFI tokens receive voting power for governance decisions, while the tokens remain non-transferable.
BitcoinLinux Academy: How to Write a Web3 Resume That Lands Interviews – FREE Cheat Sheet
Go to Source
Author: NixCoin
Elon Musk’s Grok AI predicts an astonishing XRP price by January 1, 2027. It forecasts…
Google Gemini AI predicts something potentially huge for Pudgy Penguins (PENGU). This is not a…
Sam Altman’s ChatGPT AI predicts that Bitcoin’s most extreme bullish case may not come from…
Charles Hoskinson’s Midnight crypto network has recorded its busiest day yet, processing 49,229 transactions on…
Osmosis crypto is gaining attention after its community voted to end new OSMO issuance. The…
Bitcoin price is heading toward a second consecutive losing October, but Galaxy Research believes the…
This website uses cookies.
Read More