WLFI Strategic Reserve Swaps $15.07M WBTC for WETH in Major Move

Strategic Swap Sparks Industry Buzz

On January 7, blockchain analyst Ai Auntie reported that WLFI Strategic Reserve has completed a significant asset adjustment, converting all $15.07 million WBTC withdrawn from Aave into WETH.

Notably, the address acquired these Bitcoin holdings between January and February 2024 at an average price of $104,710.55, resulting in a loss of approximately $1.978 million from this transaction.

Detailed Transaction Insights

Blockchain data reveals that the 4,611.65 WETH acquired through the swap has an average cost basis of $3,260.88. Industry analysts suggest this move may indicate a significant shift in asset allocation strategy.

• Complete WBTC liquidation executed
• Ethereum holdings substantially increased
• Potential strategic portfolio rebalancing

Market experts indicate that this transaction could relate to market expectations or risk management adjustments, warranting close investor attention.