World Liberty Financial Makes Headlines with $48M ETH Purchase
The Trump family stirs up the crypto space once more. World Liberty Financial (WLF), associated with the president’s business ventures, has snapped up $48 million in Ethereum, making waves across the market.
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WLF’s acquisition of 14,403 ETH, valued at an average price of $3,300, has been confirmed by Arkham Intelligence. Eric Trump added to the intrigue with a mysterious post on platform X: “Wait until tomorrow—it’ll be worth it,” leaving the crypto community abuzz.
The scale of this purchase indicates WLF’s ambitions stretch far beyond public knowledge. Just last week, the platform orchestrated a $60 million transfer across multiple wallets, including Coinbase, signaling that major developments may be on the horizon.
In comments shared on platform X, WLF described their recent transactions as routine “treasury management” tied to liquidity and operational needs. Yet, this reasoning hasn’t quelled growing speculation within the crypto community about their true intentions.
Presto Research analyst Min Jung observed that WLF functions more like an investment fund than a typical DeFi platform. Their financial strategies suggest a potential new product is on the horizon.
The popularity of WLF tokens continues to grow, with the platform revealing that 20% of the supply has already been sold. To address the overwhelming demand, WLF has authorized the release of an extra 5% from its frozen token reserves.
As per Arkham, WLF’s asset portfolio, including ETH, USDC, and USDT, now totals $318 million. On another note, the crypto world is abuzz with chatter about MELANIA—a meme coin linked to Melania Trump, which debuted after a lively rally in Malaysia.
Ahead of the launch, Donald Trump Jr. turned to X, proudly highlighting his family’s efforts in advancing the crypto industry. The statement generated even more excitement.
Although WLF remains silent about what’s next, speculation is running wild. With more members of the Trump family chiming in, the suspense around their intentions shows no sign of fading.
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