Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Trump family’s crypto project World Liberty buys $10m ETH

Trump family’s crypto project World Liberty buys $10m ETH

CoinjournalCoinjournal2025/01/28 02:33
By:Coinjournal
  • Donald Trump-backed crypto project uses dip to buy ETH.
  • Arkham data shows World Liberty Financial bought $10 million of Ethereum’s ETH as prices plummeted.

World Liberty Financial, the crypto project backed by U.S President Donald Trump, has scooped another $10 million worth of Ethereum (ETH).

The World Liberty wallet has in recent weeks aggressively purchased various tokens, and on Jan. 27, added ETH worth $10 million.

Trump-backed World Liberty buys ETH

Per market intelligence and security platform Arkham, the Trump family crypto project acquired the 3,247 ETH via crypto platform Cow Protocol. The purchase, including the recent $47 million in ETH bought on Trump’s inauguration day, brings the total Ethereum holdings World Liberty Financial has amassed to 59,265 ETH.

Arkham data shows te value of these tokens currently stand at around $185 million at the time of writing.

DONALD TRUMP’S PROJECT WORLD LIBERTY FI JUST BOUGHT ETH pic.twitter.com/uggBxVJL3H

— Arkham (@arkham) January 27, 2025

Notably, the purchase came as Ethereum and other cryptocurrencies mirrored Bitcoin’s sell-off on Monday. BTC dropped below $100k and touched lows near $97,900 as risk assets sold-off amid market’s negative reaction to the unveiling of China’s AI app DeepSeek.

The bloodbath that wiped off close to $1 billion in crypto positions as liquidations mounted in 24 hours had Ethereum’s price plummeting to near $3,000. World Liberty Financial exploited the dip as a buy opportunity.

MicroStrategy also bought more BTC , adding over $1 billion of the benchmark digital asset to its rapidly growing Bitcoin haul. The firm now holds 471,107 BTC purchased for $30.4 billion at the average price of $64,511 per BTC.

Overall, World Liberty holds cryptocurrencies worth over $381 million.

In addition to the $185 million in ETH, the platform also has over $65 million in Wrapped Bitcoin (WBTC), more than $60 million in Lido Staked ETH (STETH) and $33 million in USDC stablecoin. The project also holds USDT, LINK, AAVE and ENA among other tokens.

4

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.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

After bitcoin returns to $90,000, is Christmas or a Christmas crash coming next?

This Thanksgiving, we are grateful for bitcoin returning to $90,000.

BlockBeats2025/11/28 08:43
After bitcoin returns to $90,000, is Christmas or a Christmas crash coming next?

Bitcoin security reaches a historic high, but miner revenue drops to a historic low. Where will mining companies find new sources of income?

The current paradox of the Bitcoin network is particularly striking: while the protocol layer has never been more secure due to high hash power, the underlying mining industry is facing pressure from capital liquidation and consolidation.

区块链骑士2025/11/28 08:23
Bitcoin security reaches a historic high, but miner revenue drops to a historic low. Where will mining companies find new sources of income?

What are the privacy messaging apps Session and SimpleX donated by Vitalik?

Why did Vitalik take action? From content encryption to metadata privacy.

ForesightNews 速递2025/11/28 08:23
What are the privacy messaging apps Session and SimpleX donated by Vitalik?

The covert war escalates: Hyperliquid faces a "kamikaze" attack, but the real battle may have just begun

The attacker incurred a loss of 3 million in a "suicidal" attack, but may have achieved breakeven through external hedging. This appears more like a low-cost "stress test" targeting the protocol's defensive capabilities.

ForesightNews 速递2025/11/28 08:23
The covert war escalates: Hyperliquid faces a "kamikaze" attack, but the real battle may have just begun