World Liberty Financial, the decentralized financial project, supported by US President Donald Trump, has made another $ 10 million purchase from Ethereum.
Ethereum (ETH) price has difficulty struggling upward momentum, because Bitcoin (BTC) hit new all time high above $ 108k.
Trump-supported World Liberty Financial, however, has emerged as one of the best buyers in Ethereum, the largest altcoin by market capitalization.
After the purchase of $ 47 million to Ethereum on Trump’s inauguration day, the decentralized financing project has now purchased an extra $ 10 million in two separate transactions. The last purchase, made on January 31, saw World Liberty Financial expenditure 10 million USDT to acquire 2,972 Ethereum.
According to data from PrickThis transaction pushed the total Ethereum holdings of the project to more than 70,000 Ethereum, with a value of more than $ 225 million.
The doubling on the Altcoin makes Ether one of the “biggest bets in Crypto” of the Trump-Stunder project.
Data from Market Intelligence and Analytics company Arkham show that World Liberty Financial currently has more than $ 428 million in various cryptocurrencies. These include $ 225 million in ETH, $ 68 million in packed Bitcoin and almost $ 66 million in Stant Ethereum.
Ethereum -price has been won by around 4.6% in the last 24 hours and traded to an intraday high of $ 3,420 on large crypto exchanges. Despite the purchases, however, ETH is largely stagnated under $ 4,000, after he had withdrawn from this level in mid -December 2024.
Vers Momentum in the midst of the inflow into spot ETFs that are being seen this week, can nevertheless feed a push above the crucial level.