A Trump-linked crypto project has triggered fresh market attention after executing a notable Bitcoin sale during an already fragile trading session.
Key Takeaways
World Liberty Financial sold 73 WBTC worth about $5.04 million.
The transactions were routed through CoW Protocol and Aave.
The sale came as Bitcoin fell to $66,000 and broader markets sold off.
On-chain data tracked by Lookonchain shows that World Liberty Financial sold 73 wrapped Bitcoin (WBTC), worth roughly $5.04 million, at an average price near $69,000.
DeFi Routing Through CoW Protocol and Aave
The transactions were routed through decentralized finance infrastructure, with liquidity and settlement handled via CoW Protocol and Aave on Ethereum.
Blockchain records indicate that the project made several swaps using decentralized protocols, converting WBTC into stablecoins through multiple settlement steps rather than executing a single direct sale. This approach is typically used to limit slippage during volatile market conditions.
Trump's World Liberty (@worldlibertyfi) just sold 73 WBTC($5.04M) at $69,000.https://t.co/0qWkRUhTQb pic.twitter.com/AQo7jMkshw
— Lookonchain (@lookonchain) February 5, 2026
Political Scrutiny Adds to Market Sensitivity
The timing of the transactions has drawn additional scrutiny. The activity comes as the U.S. House of Representatives opened an investigation into World Liberty Financial related to a reported $500 million agreement with the United Arab Emirates.
While no direct link has been established between the investigation and the token movements, the overlap has amplified attention on the project’s on-chain behavior.
Bitcoin and Altcoins Slide Amid Broader Sell-Off
The sale took place against a backdrop of sharp weakness across risk assets. Bitcoin dropped to around $66,000 before stabilizing near $67,000, while major altcoins followed lower amid panic-driven selling and thin liquidity.
The stock market has also come under pressure, reinforcing a broader risk-off environment and weighing further on crypto sentiment.
Volatility Risks Remain Elevated
With regulatory pressure, macro uncertainty, and large on-chain transactions converging, traders are watching closely for additional wallet movements tied to politically connected crypto entities.
In the current environment, even modest-sized sales are capable of intensifying volatility and influencing short-term price action across the digital asset market.
