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Trump's DeFi Project World Liberty Financial Bought $48M in Ethereum

Trump's DeFi Project World Liberty Financial Bought $48M in Ethereum

HappyCoinNewsHappyCoinNews2025/01/21 00:00
By:HappyCoinNews

January 19 to January 20 DeFi World Liberty Financial, owned by Donald Trump's family, has made a surprise purchase of $48 million worth of Ethereum.

What the hell is going on? Trump (or Trump's team) just bought another $15 million worth of Ethereum after the MELANIA [Melania Trump] token was released. They've bought $47 million worth of ETH in the last eight hours, wrote cryptocurrency promoter Sykodelic.

World Liberty Financial bought total of 14,403 Ethereum worth $47 million and increased the coin supply to 33,629 ETH worth $109,9 million at the current rate. According to the Arkham platform, ETH turned first place in terms of the amount of assets in crypto wallets DeFi . The second and third lines in this indicator are occupied by stablecoins Tether (USDT) and USD Coin (USDC).

Trump's DeFi Project World Liberty Financial Bought $48M in Ethereum image 0

Cryptocurrencies held on the balance sheet of World Liberty Financial

According to Sykodelic, World Liberty Financial invested in Ethereum to:

  1. Make fun of meme token traders;
  2. Demonstrate instability Solana (SOL), which has fallen by 5% over the past XNUMX hours;
  3. Buy ETH at the bottom after the dump.

Sykodelic, like many others in the crypto community, is at a loss to explain the investment in the slowly dying эфириум . Since the beginning of 2025, the coin fell in price by more than 2%, and over the past year its rate has grown by only 32%. Bitcoin for the same time periods rose in price by 9% and 144% respectively. Therefore, employees of World Liberty Financial can be suspected of possessing insider information, according to which a bull rally is expected to start on the ETH market.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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