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Trump-Backed Venture World Liberty Fi Buys $1M Worth of Ethereum at $3,895 per ETH


by Abdulkarim Abdulwahab
for CoinEdition

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News and analysis of the diverging crypto strategies of Trump-linked entities, with WLFI buying ETH while the Trump family's ownership stake is reduced.
  • World Liberty Fi, backed by Donald Trump, purchased 256.75 ETH for $1 million.
  • The firm’s crypto portfolio totals $211 million, with major holdings in USDT, WETH, WBTC, and USDC.
  • Trump’s ownership in World Liberty Fi has dropped from 75% to around 40%.

World Liberty Fi, the Trump-backed DeFi project, has made another notable move into Ethereum, acquiring over 250 ETH for $1 million. 

The purchase, made at a high price of $3,895 per ETH, reflects a confident bet on Ethereum as it surges to new yearly highs.

Notably, ETH broke above $3,940 yesterday for the first time since January of this year. Such a massive purchase at this high level suggests strong conviction that the rally will endure, potentially leading ETH to break a new all-time high.

Related: World Liberty Financial Airdrops $4 Million USD1 to 85,106 WLFI Holders

Details of Latest Ethereum Purchase

According to on-chain data, the transaction originated from address “0xee…174dc,” revealing World Liberty Fi’s acquisition of 256.75 ETH using $1 million in USDC. The move adds to its growing Ethereum position.

Inside World Liberty Fi’s $211M Crypto Portfolio

Per Arkham Intellig…

The post Trump-Backed Venture World Liberty Fi Buys $1M Worth of Ethereum at $3,895 per ETH appeared first on Coin Edition.

Read the article at CoinEdition

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Coins

$ 2.93K

+3.65%

$ 0.9990

+0.03%

$ 0.0139

+0.63%

$ 0.00...361

$ 2.92K

+3.37%

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In This News

Coins

$ 2.93K

+3.65%

$ 0.9990

+0.03%

$ 0.0139

+0.63%

$ 0.00...361

$ 2.92K

+3.37%

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Trump-Linked Firms Hold Over $500M in Crypto: Eric Trump

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Trump-Backed Venture World Liberty Fi Buys $1M Worth of Ethereum at $3,895 per ETH


by Abdulkarim Abdulwahab
for CoinEdition

Share:

News and analysis of the diverging crypto strategies of Trump-linked entities, with WLFI buying ETH while the Trump family's ownership stake is reduced.
  • World Liberty Fi, backed by Donald Trump, purchased 256.75 ETH for $1 million.
  • The firm’s crypto portfolio totals $211 million, with major holdings in USDT, WETH, WBTC, and USDC.
  • Trump’s ownership in World Liberty Fi has dropped from 75% to around 40%.

World Liberty Fi, the Trump-backed DeFi project, has made another notable move into Ethereum, acquiring over 250 ETH for $1 million. 

The purchase, made at a high price of $3,895 per ETH, reflects a confident bet on Ethereum as it surges to new yearly highs.

Notably, ETH broke above $3,940 yesterday for the first time since January of this year. Such a massive purchase at this high level suggests strong conviction that the rally will endure, potentially leading ETH to break a new all-time high.

Related: World Liberty Financial Airdrops $4 Million USD1 to 85,106 WLFI Holders

Details of Latest Ethereum Purchase

According to on-chain data, the transaction originated from address “0xee…174dc,” revealing World Liberty Fi’s acquisition of 256.75 ETH using $1 million in USDC. The move adds to its growing Ethereum position.

Inside World Liberty Fi’s $211M Crypto Portfolio

Per Arkham Intellig…

The post Trump-Backed Venture World Liberty Fi Buys $1M Worth of Ethereum at $3,895 per ETH appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 2.93K

+3.65%

$ 0.9990

+0.03%

$ 0.0139

+0.63%

$ 0.00...361

$ 2.92K

+3.37%

Share:

In This News

Coins

$ 2.93K

+3.65%

$ 0.9990

+0.03%

$ 0.0139

+0.63%

$ 0.00...361

$ 2.92K

+3.37%

Share:

Read More

Trump-Linked Firms Hold Over $500M in Crypto: Eric Trump

Trump-Linked Firms Hold Over $500M in Crypto: Eric Trump

Trump crypto holdings have grown as the U.S. president’s family increased its involve...
Ethereum Price Prediction: Network Activity Surges As Price Bounces From Long-Term Support

Ethereum Price Prediction: Network Activity Surges As Price Bounces From Long-Term Support

Ethereum price today trades near $2,899.51 after bouncing from a multi-month ascendin...