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Trump's World Liberty Financial Purchases 14,403 ETH Worth $48 Million, Total Holdings Surpass $160 Million Including $4.7 Million LINK, AAVE, and TRX
Jan 20, 2025, 05:48 AM
Donald Trump's World Liberty Financial (WLFI) has made substantial investments in Ethereum (ETH), purchasing a total of approximately $48 million worth of ETH over a series of transactions within a 12-hour period. The latest acquisition involved the purchase of 14,403 ETH at an average price of $3,333. This brings WLFI's total ETH holdings to over 48,000 ETH, valued at approximately $160 million. The buying spree comes as WLFI diversifies its portfolio, also acquiring various tokens including LINK, AAVE, and TRX, with each investment amounting to $4.7 million. Additionally, WLFI has secured multiple Ethereum Name Service (ENS) domain names, including worldliberty.eth and trumpcoin.eth, indicating a potential expansion of its digital footprint. Justin Sun, founder of TRON, has also invested $75 million in WLFI, further solidifying the project's financial backing amid its aggressive market strategy.
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