Trump-Backed World Liberty Financial Acquires $48M in Ethereum, Boosting Holdings Amid $1.65B WLFI Presale

Jan 19, 2025, 05:03 PM

World Liberty Financial, a cryptocurrency project associated with Donald Trump, has significantly increased its Ethereum (ETH) holdings, spending a total of $48 million to acquire 14,403 ETH at an average price of $3,333 over the past 12 hours. The project, which has raised $90 million from the sale of its WLFI token, began with an initial purchase of $5 million in ETH and continued to buy, spending an additional $26 million in the last 8 hours. The funds used for these purchases were sourced from the presale of WLFI tokens, which has now sold out, raising $1.65 billion in the last two days due to heightened interest following the launch of related tokens like TRUMP and MELANIA.