World Liberty Fi is rotating from WBTC into ETH, according to Lookonchain in a post on X. The onchain tracker said the project withdrew 162.69 WBTC ($14.98M) from Aave and swapped 27.12 WBTC ($2.5M) for 770.6 ETH.
For DeFi desks and token treasuries, the move reads like a deliberate risk rebalance, trimming
Bitcoin-linked exposure and ramping Ethereum liquidity. The withdrawal reduces the address’s WBTC position on Aave, while the ETH received can be redeployed across lending, trading, or other onchain strategies.
Lookonchain did not provide a timeline for any additional conversions, so the next transactions from the same wallet are the key signal to monitor. Further withdrawals, swaps, or redeposits would confirm whether this was a one-off trade or the start of a broader rotation.
Source: Lookonchain (X post).