PANews reported on August 16 that, according to Onchain Lens monitoring, a wallet associated with World Liberty Finance has spent 18.6 million USDC on the following purchases:

• 1,911 ETH purchased at $4,500 for a total value of $8.6 million;
• 84.5 WBTC were purchased at a price of $118,343, with a total value of $10 million.

The wallet still holds $5 million USDC and may continue to purchase it.