Trump-Backed Venture World Liberty Fi Buys $1M Worth of Ethereum at $3,895 per ETH

World Liberty Fi, backed by Donald Trump, purchased 256.75 ETH for $1 million. The firm’s crypto portfolio totals $211 million, with major holdings in USDT, WETH, WBTC, and USDC. Trump’s ownership in World Liberty Fi has dropped from 75% to around 40%. World Liberty Fi, the Trump-backed DeFi project, has made another notable move into Ethereum, acquiring over 250 ETH for $1 million. The purchase , made at a high price of $3,895 per ETH, reflects a confident bet on Ethereum as it surges to new yearly highs. Notably, ETH broke above $3,940 yesterday for the first time since January of this year. Such a massive purchase at this high level suggests strong conviction that the rally will endure, potentially leading ETH to break a new all-time high. Related: World Liberty Financial Airdrops $4 Million USD1 to 85,106 WLFI Holders Details of Latest Ethereum Purchase According to on-chain data, the transaction originated from address “0xee…174dc,” revealing World Liberty Fi’s acquisition of 256.75 ETH using $1 million in USDC. The move adds to its growing Ethereum position. Inside World Liberty Fi’s $211M Crypto Portfolio Per Arkham Intellig… The post Trump-Backed Venture World Liberty Fi Buys $1M Worth of Ethereum at $3,895 per ETH appeared first on Coin Edition .

Source: Coin Edition