Spon On Chain reported another 722 ETH purchase by Trump’s project World Liberty Financial (WLFI).
WLFI currently holds a significant 15,595 ETH, including 5 other tweets.
After being elected as the president of the US, Donald Trump made several important announcements related to the industry. He even promised to make the US a world leader in the crypto industry development and adoption. On similar lines, Trump started the World Liberty Financial crypto project to offer DeFi services to crypto users.
World Liberty Financial started accumulating some of the prominent cryptocurrencies in November 2024. It accumulated large volumes of LINK, AAVE, ETH, ENA, ONDO, and cbBTC, spending over $45 million until last week. Under the current downward market conditions, the WLFI continued its purchasing spree.
World Liberty Financial Purchased Another 722 ETH
Donald Trump’s World Liberty Financial (@worldlibertyfi) spent another 2.5M $USDT to buy 722.2 $ETH 2 hours ago, after the price dropped by ~6%!Since November 30, this fund has spent $47.5M on 6 crypto assets: $ETH, $WBTC, $LINK, $AAVE, $ENA, and $ONDO (tweet ). Of this,… https://t.co/8v3pGVG8Hr pic.twitter.com/Ix3h8Y1hxc
— Spot On Chain (@spotonchain) December 20, 2024
As per on-chain analytics platform, Spot On Chain, World Liberty Financial spent $2.5 million USDT today to buy Ethereum. Since the crypto industry is recording price drops for the past couple of days, ETH price also decreased by a significant 15% today. One ETH is currently priced at $3,127, dropping considerably from its recent high of around $4,000. The WLFI took this opportunity to buy more than 722 ETH tokens.
Overall, WLFI spent $47.5 million to purchase ETH, WBTC, LINK, AAVE, ONDO, and ENA. Out of the total spendings, WLFI used $32.5 million to purchase over 8,800 Ether tokens at $3,682 per token. Based on the Spot On Chain findings, the Trump family’s crypto project now holds around 15,595 ETH as of today.
Yesterday, World Liberty Financial announced a partnership with Ethena Labs and spent 250K USDC to buy 231,726 ENA tokens. The DeFi project is also integrating Chainlink and Aave into its ecosystem to enhance the quality of DeFi services and to bring them closer to a larger audience. Overall, World Liberty Financial not only aims to capitalize on the coming bull run but also market its dominance in the crypto industry.
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