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Trump's WLFI Buys 86,000 ETH, Holdings Reach $422 Million as Eric Trump Endorses Ethereum
World Liberty Financial (WLFI), the investment arm of President Donald Trump, has significantly increased its holdings of Ethereum, purchasing 86,000 ETH worth $220 million in the past eight hours, as reported on February 3, 2025. This acquisition brings the firm's total Ethereum holdings to $422 million, representing 65% of its total asset allocation. Prior to this, WLFI held $206 million in Ethereum as of February 2. The aggressive accumulation coincided with a 30% decline in Ethereum's price, which hit an all-time low of $2,100. Additionally, WLFI reportedly moved $175 million worth of Ethereum to Coinbase. Following these purchases, Ethereum prices surged, bolstered by a tweet from Eric Trump, the President's son, stating, 'In my opinion, it's a great time to add $ETH.' The Trump family's investment moves during the market dip have sparked speculation about potential bullish momentum in the cryptocurrency market.
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Will WLFI's Ethereum holdings exceed $500 million by March 31, 2025?
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