World Liberty Financial (WLFI), a firm which is owned by the family of US president Donald Trump, has spent millions of funds to buy 1,917 ETH tokens. Besides, the firm also added to its MOVE tokens holdings after purchasing MOVE tokens worth $470K. The firm’s recent move has sparked hope for a potential ETH price recovery as market participants consider it bullish.
Trump’s World Liberty(@worldlibertyfi) bought 1,917 $ETH($5M) and 830,469 $MOVE($470K) again 4 hours ago.https://t.co/Ccmte4953f pic.twitter.com/tJhwHMT3NK
— Lookonchain (@lookonchain) February 12, 2025
WLFI Acquires 1,917 $ETH and 830,469 $MOVE Tokens
World Liberty Financial has a crypto portfolio made up of various crypto tokens. Some of these tokens according to data by Arkham Intelligence include; USD Coin, Tron, Lido Staked Ether, Tether, Ondo, Colle AI, Ethereum, and Movement.
In the most recent crypto purchase as shared by Lookonchain, the firm bought 1,917 ETH tokens and 830,469 MOVE tokens. These two coins were worth $5 million and worth $470K, respectively.
WLFI’s recent purchase follows another purchase made just two days ago. During the Feb.10, 2025 acquisition the institution dedicated 156,667 $USDC to obtain 273,937 $MOVE tokens. By increasing its ETH and MOVE token holdings the firm has made its commitment to the two tokens clear.
World Liberty Financial Introduces a Strategic Token Reserve
The World Liberty Financial has come in for the crypto sector with a bang. In a recent development, the firm announced its move to unveil a strategic token reserve. This reserve will help the firm bolster top cryptocurrencies like Bitcoin and Ethereum which are considered “at the forefront of reshaping global finance.”
“World Liberty Financial (WLFI) is proud to unveil the Macro Strategy, our strategic token reserve designed to bolster leading projects like Bitcoin, Ethereum, and other cryptocurrencies that are at the forefront of reshaping global finance,” the firm wrote on X.
WLFI aims to use its new initiative to diversify its holdings across tokenized assets, build a well-capitalized reserve and help it seize opportunities in the DeFi space while mitigating risks. The firm will use strategic partnerships to bridge the gap between decentralized finance (DeFi) and traditional finance (TradFi).
How’s Ethereum Performing Today?
ETH is trading at $2,627.64 marking a 2.7% dip in the day. However, the recent move by WLFI has sparked bullishness around ETH and we could see the price rebound in the near future.
According to crypto analyst Valeriya, “if institutions and political figures continue accumulating, we could see Ethereum break new highs.” If ETH rebounds above $2,650 amidst the prevailing ‘relatively poor performance,’ the price may reach the $3 mark. However, favorable conditions must prevail for ETH to achieve this price level.
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