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 below 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. The WLFI price, the native token of the project, also decreased on the day, which indicates the concern among investors regarding the Bitcoin liquidation.

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. Arkham 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. The sale also corresponded with a sharp response in the native token of the project itself. The WLFI token fell over 12% on the day according to TradingView data and was trading at $0.116 at the time of writing.

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.

BTC is not being sold solely by World Liberty Financial, according to on-chain data. An X post by Arkham revealed that wallets belonging to the Royal Government of Bhutan has transferred out $22.4 million in BTC this week. The analytics platform also reported that Bhutan sells BTC in batches of approximately $50 million. In addition, some of these funds are transferred to market maker QCP Capital.

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 almost 10% today, dropping below its 2021 high of $69,000.

BTC has declined by more than 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.</p>

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.</p>

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.