As Whale Accumulation Surges, Trump-Backed WLFI Shifts from WBTC to Ethereum

Jakarta, Pintu News – Ethereum (ETH) is back in the spotlight as institutional interest in the second-largest cryptocurrency continues to rise. Large companies such as World Liberty Financial are actively accumulating Ethereum tokens amid the ETH price drop.

In a strategic move, Trump-backed WLFI has sold its WBTC holdings to buy more Ethereum.

WLFI Switches $8 Million in Funds from WBTC to Ethereum

According to the latest findings from Onchain Lens, World Liberty Financial (WLFI), a blockchain project backed by the Trump family, has been rebalancing its crypto asset portfolio. A wallet address associated with WLFI is known to have sold more than $8 million in Wrapped Bitcoin (WBTC) and exchanged it for Ethereum.

Read also: Why the Crypto Market is Down Today, January 26, 2026

In a post on platform X, Onchain Lens revealed that WLFI had sold approximately 93.77 WBTC and bought 2,868.4 ETH at an average price of $2,813 per coin. This has been one of the largest institutional crypto asset reallocations in recent months.

In comparison, asset manager BlackRock recently sold $151 million worth of Ethereum and invested $290 million into Bitcoin.

WBTC itself is an Ethereum-based token that represents Bitcoin in digital form. This allows BTC holders to use their assets in Ethereum’s decentralized finance (DeFi) ecosystem.

Each WBTC token is secured at a 1:1 ratio against real Bitcoin. With its latest move, WLFI appears to be shifting its investment focus from Bitcoin to Ethereum.

Currently, Ethereum is under considerable selling pressure as its price has dropped below the important support level of $3,000. ETH’s current price stands at $2,864, having experienced a daily decline of 2.58%. In the past week and month, ETH has also fallen by 10.4% and 2.21% respectively.

Meanwhile, the price of Bitcoin (BTC) stands at $87,662, with declines of 1.62% on the day and 5.28% on the week, respectively, although it still recorded a slight gain of 0.27% on a monthly basis. Therefore, WLFI’s move could be seen as a relative value betting strategy that favors Ethereum.

Revealed: Ethereum Accumulation Surge by Whale

Amidst the ETH price pressure, institutions seem to see this dip as an opportunity to “buy the dip”. This is evident from the recent spike in Ethereum accumulation by large investors or whales.

Read also: Bitcoin Price Drops to $87,000 Today: Is the BTC Market Ready for a Rebound?

According to data from CryptoQuant, whales continue to add to their Ether holdings, signaling confidence in the asset’s long-term potential. Reports suggest that they are capitalizing on the decline in ETH prices, especially when ETH is trading in the $2,600-$3,000 range.

As revealed by Onchain Lens in a separate post on the X platform, whales and institutions are now actively buying Ether. One of the latest developments involves a new wallet called “0xcA0” that bought 61,000 ETH worth $171.15 million from Binance.

Another Whale, “OxFB7,” bought 20,000 ETH from WinterMute for $56.13 million. This Whale now holds around 100,000 ETH, with a total value of around $287.79 million.

Tom Lee’s BitMine, Ethereum’s largest public holder, was also active in making large purchases during the crypto market downturn. According to a CoinGape report, BitMine added 35,268 ETH tokens to its portfolio.

The current market downturn has not deterred institutions and whales from buying ETH as they implement long-term investment strategies. This increase in Ethereum accumulation is believed to push the price of ETH to reach a new record.

Ethereum is recovering and regaining momentum as more investors show interest in the token.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coingape. Trump-Backed WLFI Swaps WBTC for ETH Amid Increasing Ethereum Whale Accumulation. Accessed on January 26, 2026