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

WAGMI Miami Unveils WAGMEME – The World’s First Conference Token Revolutionizing IRL Engagement in Web3

PRESS RELEASE Miami, FL – January 2025 – The Web3 world is buzzing as WAGMI Miami, the ultimate gathering for blockchain enthusiasts, builders, and innovators, introduces WAGMEME, the first-ever

Trump’s Crypto Coup: 14% of Americans Snap up TRUMP Memecoin Amid Controversy

A new study has found that 14% of Americans have acquired Donald Trump’s memecoin, $TRUMP, since its launch on Jan 17 Americans Prefer Memecoins With Extensive Media Coverage One in seven

Ethereum Futures Market Shows Renewed Optimism: Is a Break Above $3.5K Near?

Following weeks of declines, Ethereum (ETH) seems to have begun its recovery, closely tracking Bitcoin’s upward movement As of today, ETH has reclaimed the $3,300 level, reflecting a 75% increase

Mark Uyeda appointed acting SEC chair ahead of Atkins’ 2026 succession, Gensler officially resigns

US Securities and Exchange Commission (SEC) Commissioner Mark Uyeda was appointed as the acting chair of the regulator by President Donald Trump action published on Jan 20 Meanwhile, the SEC released

Time to Buy XRP? Record $250 Million of Outflow

The post Time to Buy XRP Record $250 Million of Outflow appeared first on Coinpedia Fintech News The current market sentiment appears confusing due to the immense profit-taking in the past 24 hours

Trump Names Caroline Pham as CFTC Acting Chair Amid Sweeping Leadership Shake-Up

President Donald Trump has designated Commissioner Caroline Pham as the acting chair of the Commodity Futures Trading Commission (CFTC), heralding a pivotal shift in the leadership of the regulatory