World Liberty Financial On Aggressive Accumulation Spree, Is Trump Buying These Coins?

Share This Post

The post World Liberty Financial On Aggressive Accumulation Spree, Is Trump Buying These Coins? appeared first on Coinpedia Fintech News

Trump’s World Liberty Financial (WLF) made another crypto purchase shortly after the swearing-in of Donald Trump as the 47th president of the United States.

Blockchain analytics firm Arkham Intelligence Insights also identified the transactions in a post on X, pointing out that WLFI rotated its treasury into Bitcoin before the inauguration. “The instant he was sworn in, Trump’s project World Liberty FI bought $4.7 million USD of Bitcoin,” Arkham stated.

President Trump and his crypto team, through World Liberty Financial (WLFI), acquired significant amounts of major cryptocurrencies via a decentralized platform. According to Arkham Intelligence, WLFI purchased around $47 million worth of Ethereum, $4.4 million of Aave, and $4.5 million of Tron. Additionally, they bought $47 million in Wrapped Bitcoin (WBTC), $5.5 million in Chainlink, and $4.5 million in Ethena Labs tokens.

The purchases sparked interest after Eric Trump teased upcoming investments, amid ongoing crypto controversies linked to the Trump family.

Currently, BTC has recovered to trade around $104,000, reflecting continued uncertainty and volatility in digital assets. As the new administration settles in, the crypto community is awaiting clarity on potential regulatory actions that may impact the industry’s future.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

XRP News: XRPTurbo Set To Enhance XRP DeFi Ecosystem With AI-Powered DApps And Tokenization Tools

This content is provided by a sponsor PRESS RELEASE The XRP ecosystem is experiencing a transformative shift Despite recent fluctuations in XRP’s price and market sentiment, the Ripple

Russia’s Central Bank Plans Limited Crypto Trading for Select Investors

The post Russia’s Central Bank Plans Limited Crypto Trading for Select Investors appeared first on Coinpedia Fintech News After receiving multiple financial sanctions from so many countries Russia

Senator Lummis’s Bitcoin Act Allows for a Reserve of 1M+ Bitcoin, Fueling Projects Like BTC Bull Token

Senator Lummis’s Bitcoin Act extends the Federal Reserve’s Bitcoin capacity to over 1M bitcoins We mull over how this might affect the price of Bitcoin, and related coins like BTC Bull Token The

Hyperliquid hit by $4 million loss after whale’s high-risk trading incident

Hyperliquid reported a $4 million loss in its Liquidity Provider (HLP) vaults within 24 hours According to a March 12 post on X, the loss followed a major liquidation event involving a high-risk

Why Is Crypto Down Today, Best Crypto to Buy as Canada Tariffs Eased

Donald Trump has decided not to double tariffs on Canadian aluminum and steel, offering a sigh of relief to the US stock market The decision to retract tariffs on Canadian metals came after

Bitcoin Faces Critical Juncture: Bear Market Threatens as Key Metrics Flash Red, Cryptoquant Warns

Cryptoquant researchers warn bitcoin is teetering between historically undervalued levels and possibly the precipice of a prolonged bear market, with critical onchain metrics signaling heightened