According to data from Arkham Intelligence, the DeFi project World Liberty Financial (WLFI), supported by the Trump family, has recently made significant investments in the Ethena (ENA) token. Specifically, 5 hours ago, WLFI spent 500,000 USDC to purchase 509,954 ENA at an average price of 0.981 USDT per token.
This purchase is part of World Liberty Financial's broader investment strategy. Since November 31, the project has invested a total of 44.41 million dollars in five different cryptocurrencies.
Ethena is a synthetic currency protocol built on the Ethereum platform, aiming to provide an independent cryptocurrency solution, not reliant on traditional banking infrastructure. Additionally, it offers a dollar-saving tool, called 'Internet Bonds', for users worldwide.
These investments include Ethereum (ETH), cbBTC, Chainlink (LINK), Aave (AAVE), and Ethena (ENA). The strategic acquisition of these digital assets underscores WLFI's commitment to diversifying its portfolio and strengthening its position in the decentralized finance sector.
Source: Arkham
As Bitcoin Magazine reported, 2 days ago, World Liberty spent an additional 1 million USDC to purchase 37,052 LINK and 246,722 USDC to buy 685,425 AAVE through Cow Protocol. In addition to ETH and cbBTC, World Liberty currently holds approximately 2.28 million dollars worth of LINK and 1.48 million dollars worth of AAVE.
Specifically, World Liberty Financial has spent 44.41 million dollars to acquire 5 types of cryptocurrency assets, including:
8,105 ETH (cost: 30 million dollars, average purchase price: 3,701 dollars), now up 1.29 million dollars.
102.9 cbBTC (cost: 10 million dollars, average purchase price: 97,181 dollars), now up 410 thousand dollars.
78,387 LINK (cost: 2 million dollars, average purchase price: 25.51 dollars), now up 290 thousand dollars.
5,886 AAVE (cost: 1.91 million dollars, average purchase price: 324.4 dollars), now up 252 thousand dollars.
509,955 ENA (cost: 500 thousand dollars, average purchase price: 0.981 dollars), now up 81.3 thousand dollars.
Following this news, ENA's price surged over 10%, currently trading at 1.12 dollars. According to data from Coingecko, ENA's price has increased by 110% in the last 30 days, with a market capitalization of 3.29 billion USD.
ENA price chart | Source: Coingecko
This demonstrates diversity in their investment portfolio and a strong commitment to growth and expansion in the DeFi space. Leveraging advanced DeFi protocols like Cow Protocol helps optimize transactions and minimize costs, ensuring maximum returns from investments. Overall, World Liberty Financial's recent moves reflect a clear investment strategy and determination to build a diverse and robust portfolio in the cryptocurrency market.
Source: https://tapchibitcoin.io/gia-ena-tang-hon-10-sau-khi-world-liberty-financial-cua-trump-mua-vao-500k.html