Trump’s World Liberty Financial Dumps Bitcoin as BTC Falls Back to 2021 ATH

World Liberty Financial, a crypto project backed by U.S. President Donald Trump, liquidated a significant portion of its Bitcoin holdings as the BTC price fell to its 2021 all-time high (ATH) of $69,000. Blockchain records show that the platform offloaded Wrapped Bitcoin (WBTC) worth approximately $5.04 million at an average price of $69,000.

World Liberty Financial Offloads $5 Million In BTC

The Trump-related crypto project made several swaps using decentralized protocols, based on data from the on-chain platform Lookonchain. According to records from Arkham Intelligence, the WBTC was swapped for approximately $5 million in USDC.

The operations were redirected by CoW Protocol and Aave Ethereum, which are popular DeFi platforms for liquidity and settlement. World Liberty had received $5 million worth of WBTC from Aave before it then sold these coins through CoW Protocol. Arkhama data shows that the crypto firm still holds 267 WBTC, worth $18 million.

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

The project has not made any official communication as to why the liquidation took place. This move comes amid the U.S. House’s decision to open an investigation into World Liberty Financial over a $500 million agreement with the UAE. These lawmakers are investigating whether some profits flowed into the Trump family’s businesses.

It is also worth mentioning that World Liberty Financial has already applied to the OCC for a national trust bank license, as CoinGape reported earlier. The OCC also indicated that it would continue its review of the firm’s bank charter application despite pushback from Democratic lawmakers.

Bitcoin Price Wipes Out Trump Election Gains

The ongoing decline in Bitcoin’s price has erased all gains it recorded since U.S. President Donald Trump’s election victory in November 2024. TradingView data show that the BTC price is down over 6% today, dropping below its 2021 high of $69,000.

BTC has declined by about 30% over the last 12 months and by about 45% from its ATH of $126,000, reached in October 2025. Notably, Michael Saylor’s Strategy is now at an unrealized loss of more than $4.5 billion on its Bitcoin holdings following the crash to current levels.

MSTR stock is also facing additional downward pressure, with market experts predicting further declines as the bear market worsens. Seasoned trader Peter Brandt predicts a further crash in BTC’s price. In a more recent analysis, he noted that campaign selling trends are causing extreme corrections and predicted that it could still drop to $54,000.

However, JPMorgan analysts have made a case for Bitcoin at its current levels, stating that BTC is looking more attractive at current levels than Gold for the long-term investment prospects. This is based on their prediction that the leading crypto could still reach $266,000.