World Liberty Financial (WLFI), a cryptocurrency initiative linked to the Trump family, has significantly increased its on-chain activity over the past week.
According to blockchain data, the project has invested millions of dollars into expanding its crypto holdings, including #Ethereum (ETH), Aave (AAVE), Chainlink (LINK), Ethena (ENA), and Ondo (ONDO).
Strategic Ethereum Investment
World Liberty Financial’s latest acquisition involves 722.213 ETH for $2.5 million USDC through Cow Protocol on December 20. Notably, Ethereum remains the largest asset in WLFI’s portfolio. This latest acquisition, coming amid the market-wide dip, elevated the project’s total ETH holdings to 15,598 ETH, now worth $52.98 million.
Meanwhile, a $254.28 drop in Ethereum’s price since the earlier purchase has led to a $3.97 million decline in the value of these holdings.
Other Major Holdings
In addition to Ethereum, WLFI has actively increased its stakes in other major cryptocurrencies. Last week, it utilized $1 million in USDC to acquire 3,357 AAVE tokens at an average price of $297.8 per token. This brings the total AAVE holdings to 6,137 tokens, valued at $1.93 million as of December 20.
The current price of AAVE has dropped to $314.25, resulting in a $135,760 decrease in the holding’s value. Similarly, the project expanded its Chainlink holdings by purchasing 41,335 LINK tokens for $1 million at an average price of $24.2 per token. WLFI now holds 78,387 LINK, valued at $1.81 million, following a notable price decline.
