WLFI’s Ethereum holdings surge to 70,157 ETH, now valued at approximately $235 million.
Ethereum breaks key resistance, signaling strong bullish momentum as institutional demand rises.
Analysts predict ETH could reach $4,500, driven by WLFI’s continued accumulation strategy.
World Liberty Financial (WLFI) has increased its Ethereum holdings. The organization recently bought 2,971.45 ETH worth $9.97 million. This latest purchase brings its total Ethereum holdings to over 70,157 ETH, valued at approximately $235 million.
https://twitter.com/spotonchain/status/1885324488050696226 WLFI’s Continuous Ethereum Accumulation
WLFI has been buying Ethereum daily since January 15. The consistent purchases have added pressure to the market supply. Reports indicate that WLFI’s total crypto assets now exceed $388 million.
The organization allocated $71.5 million to Ethereum, acquiring 21,425 ETH at an average price of $3,337. It has also invested in WBTC, TRX, AAVE, LINK, and ENA. This aggressive strategy has increased market activity and influenced Ethereum’s price movements.
Ethereum Breaks Key Resistance Level
Ethereum recently broke a descending trendline that had acted as resistance for months. This breakout signals a shift in market sentiment. The market believes ETH could continue its upward trajectory if it maintains position above this level.
Crypto analyst Lark Davis posted a chart that depicted Ethereum's breakout. He noted that February has historically been strong for ETH. Increased volume supports this breakout, reinforcing expectations of a bullish trend.
Analysts Predict Ethereum Could Reach $4,500
Market analysts predict Ethereum will reach $4,500 within a short time frame. Ted Pillows observed that Ethereum entered its growth phase as prices stabilized between $3,100 and $3,250. He believes a daily close above $3,344 could push ETH toward the $4,000–$4,500 range.
On-chain data shows WLFI’s continued buying pressure has helped stabilize ETH’s price. Analysts expect further upward momentum as the project maintains its accumulation strategy. Institutional interest has reinforced confidence in Ethereum’s long-term potential.
Speculation Over Ethereum’s Role in National Reserves
Recent Ethereum acquisitions by WLFI have prompted market analysts to predict ETH's position within U.S. national digital reserves. Analysts predict that Ethereum adoption into national digital reserves will drive its price up to $10,000.
Expert predictions suggest that markets could experience short-term adjustments. Market Value to Realized Value (MVRV) ratio currently shows values below its 160-day moving average level. The market downturn has historically been indicated through this ratio which could result in significant price drops reaching up to 40% of value.
The current market price for Ethereum stands at $3,295. The market has experienced a 4% growth during the last 24 hours. Ethereum prices rose from their morning value of $3,263 to hit a daily high of $3,394.
