World Liberty Finance sells off 173 WBTC, what is the market impact?

According to Onchain Lens monitoring data, the institution World Liberty Finance has been continuously selling large amounts of WBTC over the past 10 hours, with a total sell-off of 173 WBTC, exchanging for approximately 11.75 million USD in USDC. The most recent transaction was a sale of 100 WBTC, corresponding to about 6.71 million USD in USDC. This concentrated and continuous operation indicates that institutional investors have an urgent need for liquidity management in the current market environment and has also raised market concerns about short-term price pressure on WBTC.

Main Player: Who is World Liberty Finance?

World Liberty Finance is an institution focused on cryptocurrency asset management and financial services. Its publicly available address activity shows that the institution has conducted multiple large transfers of BTC/WBTC in recent months, with a trading style leaning towards medium- to short-term swing management and liquidity adjustment. The recent concentrated sale of 173 WBTC may be part of its strategy to respond to market volatility, adjust positions, or realize profits.

Token Background: Introduction to WBTC and USDC

WBTC (Wrapped Bitcoin) is an ERC-20 token on Ethereum pegged to Bitcoin, with 1 WBTC = 1 BTC, enabling Bitcoin to circulate within the DeFi ecosystem. USDC (USD Coin) is a fully collateralized USD stablecoin issued by Circle and Coinbase, with 1 USDC ≈ 1 USD, making it one of the main stablecoins in the cryptocurrency market.

Latest Price on Gate Exchange (as of February 6, 2026)

• WBTC Price: According to CoinGecko data, 1 WBTC is currently exchanged at $72,851.76 USD.
• USDC Price: The same platform shows 1 USDC exchanged at $0.9998 USD.

On Gate Exchange, the WBTC/USDC trading pair offers high liquidity, allowing users to exchange at market prices in real-time. The prices above are consistent with data displayed on Gate, and investors can view the latest market quotes on the official Gate website or app.

Market Impact: What Does Selling 173 WBTC Mean?

At the current WBTC price of $72,851.76, 173 WBTC has a total value of approximately $12,608,000 USD. World Liberty Finance actually received about 11.75 million USDC, indicating that its transaction average price was close to the market price without significant slippage. This reflects that the liquidity of the WBTC/USDC trading pair remains relatively sufficient at this stage.

However, a concentrated sell-off of 173 WBTC (about 12.6 million USD) in a short period could still have the following market impacts:

1. Short-term Price Pressure: Increased sell orders on the WBTC/USDC pair may push the price slightly downward in the short term.
2. Liquidity Testing: Whether large sell-offs can be smoothly absorbed is an important indicator of market depth.
3. Sentiment Transmission: Concentrated institutional selling may trigger retail traders to follow suit, amplifying market volatility.

How to Trade WBTC/USDC on Gate Exchange?

Gate Exchange provides a WBTC/USDC trading pair with the following advantages:

• High Liquidity: Sufficient order book depth, low slippage for large trades.
• Real-time Quotes: Offers the latest prices, candlestick charts, and depth charts to help users grasp market trends.
• Safe and Reliable: As a leading global cryptocurrency exchange, Gate has multiple risk control and asset protection systems.

If you want to seek opportunities amid market volatility, you can log in to the Gate website or app, select WBTC/USDC in “Spot Trading,” and buy or sell. Gate also offers dollar-cost averaging, leverage trading, and other tools to meet different strategic needs.

Conclusion: Watch Large Movements and Keep Pulse on the Market

The recent sale of 173 WBTC for 11.75 million USD in USDC by World Liberty Finance serves as a reminder for investors to pay attention to institutional fund flows. In the cryptocurrency market, large transactions are often important signals of market sentiment and liquidity conditions. Gate Exchange will continue to provide the latest and most accurate market data to help users make informed decisions.