#MarketPullback World Liberty Financial bought another 759 ETH on the cryptocurrency slump

Data from analytics platform Arkham Intelligence shows that the Donald Trump-backed crypto project doubled its Ethereum balance by taking advantage of the asset's falling exchange rate. World Liberty Financial spent $2.5 million in USDC stablecoins to purchase 759.36 ETH.

According to Arkham data, the transaction was completed using the Cow Protocol trading platform at an average price of $3651 per ETH.

Over the past 24 hours, etherium has fallen in price by more than 6.34%, dropping to the $3100 level. However, the leading altcoin then recovered slightly and was trading at $3419 at the time of writing. Bitcoin's price fell more than 2.35% to $96,966 during the same period, dipping below $93,000 at moments.

Due to the downturn in the cryptocurrency market, the digital assets owned by World Liberty Financial have also fallen in price dramatically. According to the Lookonchain platform, the total loss of Donald Trump's family project reached $6.15 million. Its ETH assets suffered the most, with a loss of $4.86 million.

World Liberty Financial currently owns approximately 16,400 ETH worth nearly $53.73 million. In total, the project's cryptocurrency assets are worth more than $73.9 million, according to Arkham data.