Blockchain transaction records show that a wallet labeled as World Liberty Fi executed multiple transactions involving Wrapped Bitcoin (WBTC), USDC stablecoins, and decentralized finance (DeFi) protocols within a short time window.
The transactions were identified through publicly available blockchain monitoring tools tracking wallet activity associated with the address:
Wallet Address:
Readers can independently verify the transactions through blockchain intelligence tools and transaction explorers:
Arkham Wallet Tracker: 0x77a56647fba0eb60abb7395574Cded565F6F94F6
The activity occurred across decentralized trading and lending platforms including CoW Protocol and Aave.
Transaction Breakdown
According to blockchain transfer records, seven transactions were recorded within approximately one hour.
WBTC Withdrawal and Conversion
- The wallet withdrew 73 WBTC from Aave’s lending pool.
- During the withdrawal process, approximately 72.995 aEthWBTC tokens were burned through a transaction to a null address, which is standard for redeeming deposited assets from Aave.
Following the withdrawal, the wallet executed two separate swaps using CoW Protocol:
- 40 WBTC swapped for approximately $2.77 million USDC
- 33 WBTC swapped for approximately $2.28 million USDC
In total, the wallet received roughly $5.037 million USDC from the swaps.
Stablecoin Deposit Activity
After completing the swaps, the wallet deposited the received USDC into Aave’s lending platform.
Blockchain records indicate a deposit of approximately:
- 5.037 million USDC into Aave
Summary of Observed On-Chain Activity
Based on transaction data:
- The wallet redeemed deposited WBTC from Aave.
- The withdrawn WBTC was swapped for USDC through CoW Protocol’s settlement system.
- The received USDC was redeposited into Aave.
Understanding the Protocol Interactions
Aave Lending Mechanism
Aave allows users to deposit assets into liquidity pools and receive tokenized deposit receipts. When assets are withdrawn, corresponding receipt tokens are burned, which explains the transfer of aEthWBTC tokens to a null address during the transaction process.
CoW Protocol Settlement
CoW Protocol operates as a decentralized trading infrastructure that batches orders and settles trades using smart contract routing to optimize pricing and liquidity execution.
On-Chain Data Transparency
Blockchain transaction data is publicly accessible and allows independent verification of asset transfers. However, transaction records alone do not confirm ownership, transaction intent, or treasury strategy unless confirmed by associated entities.
