World Liberty Finance Moves $7.5M USDT via Aave and BitGo

World Liberty Finance supplies $52M in crypto to Aave V3 and withdraws $7.5M USDT, possibly converting to USD.

  • Supplied $52M in ETH, WBTC, and stETH on Aave V3.
  • Borrowed $7.5M USDT and transferred it to BitGo wallet.
  • Likely preparing to convert USDT to fiat USD.

Major On-Chain Activity by World Liberty Finance

In a significant DeFi transaction, World Liberty Finance has recently executed a series of large-scale movements involving over $52 million in digital assets on Aave V3. According to on-chain data shared by @nansen_ai, the protocol deposited:

  • 7,900 ETH (~$21 million)
  • 162.69 WBTC (~$17.91 million)
  • 5,010 stETH (~$13.31 million)

These actions signal deep liquidity provisioning on the Aave V3 protocol, likely to support borrowing operations.

$7.5M USDT Borrowed and Moved to BitGo

Shortly after supplying the assets, World Liberty Finance borrowed $7.5 million in USDT from Aave V3. What’s notable is that the borrowed funds were immediately transferred to a BitGo wallet, a service known for secure custody and fiat conversion capabilities.

This strongly indicates a potential move to withdraw USDT into fiat USD, a common strategy among institutions that need off-chain liquidity or are engaging in treasury management.

The address associated with these transactions is:
0x5be9a4959308a0d0c7bc0870e319314d8d957dbb

A Strategic DeFi-to-Fiat Flow

This activity showcases how institutional players like World Liberty Finance leverage DeFi platforms for quick, large-scale liquidity without liquidating their holdings. Supplying crypto as collateral and borrowing stablecoins enables them to retain market exposure while accessing cash.

Such moves also reflect growing institutional confidence in platforms like Aave V3 and trusted custodians like BitGo for handling real-world value transfers. As on-chain finance matures, expect more of these hybrid strategies to appear.

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Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.

Isolde Verne

Isolde Verne is a passionate crypto writer, focusing on blockchain innovation, NFT ecosystems, and the societal impact of decentralized systems. Her engaging style bridges the gap between technology and everyday understanding.

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