Donald Trump

World

Liberty

<ul class="wp-block-list">
 <li><strong>Spon On Chain reported another 722 ETH purchase by Trump’s project World Liberty Financial (WLFI).&nbsp;</strong></li>
 <li><strong>WLFI currently holds a significant 15,595 ETH, including 5 other tweets.&nbsp;</strong></li>
</ul>
<p>After being elected as the president of the US, Donald Trump made several important announcements related to the industry. He even promised to make the US a world leader in the crypto industry development and adoption. On similar lines, Trump started the World Liberty Financial crypto project to offer DeFi services to crypto users.&nbsp;</p>
<p>World Liberty Financial started <a href="https://thenewscrypto.com/will-trumps-world-liberty-financial-continue-buying-link-and-aave/" target="_blank" rel="noopener noreferrer nofollow">accumulating</a> some of the prominent cryptocurrencies in November 2024. It accumulated large volumes of LINK, AAVE, ETH, ENA, ONDO, and cbBTC, spending over <a href="https://thenewscrypto.com/trumps-wlfi-invests-45m-in-crypto/" target="_blank" rel="noopener noreferrer nofollow">$45 million</a> until last week. Under the current downward market conditions, the WLFI continued its purchasing spree.&nbsp;</p>
<h3 class="wp-block-heading" id="h-world-liberty-financial-purchased-another-722-eth">World Liberty Financial Purchased Another 722 ETH</h3>
<div align="center">
 <blockquote class="twitter-tweet">
  <p lang="en" dir="ltr">Donald Trump’s World Liberty Financial (<a href="https://twitter.com/worldlibertyfi?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@worldlibertyfi</a>) spent another 2.5M <a href="https://twitter.com/search?q=%24USDT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$USDT</a> to buy 722.2 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ETH</a> 2 hours ago, after the price dropped by ~6%!<br><br>Since November 30, this fund has spent $47.5M on 6 crypto assets: <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ETH</a>, <a href="https://twitter.com/search?q=%24WBTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$WBTC</a>, <a href="https://twitter.com/search?q=%24LINK&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$LINK</a>, <a href="https://twitter.com/search?q=%24AAVE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$AAVE</a>, <a href="https://twitter.com/search?q=%24ENA&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ENA</a>, and <a href="https://twitter.com/search?q=%24ONDO&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ONDO</a> (tweet <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f447.png" alt="👇" class="wp-smiley" style="height: 1em; max-height: 1em;">). Of this,… <a href="https://t.co/8v3pGVG8Hr" rel="noopener noreferrer nofollow">https://t.co/8v3pGVG8Hr</a> <a href="https://t.co/Ix3h8Y1hxc" rel="noopener noreferrer nofollow">pic.twitter.com/Ix3h8Y1hxc</a></p>— Spot On Chain (@spotonchain) <a href="https://twitter.com/spotonchain/status/1869912068675318072?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">December 20, 2024</a>
 </blockquote>
 <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div>
<p>As per on-chain analytics platform, Spot On Chain, World Liberty Financial spent $2.5 million USDT today to buy Ethereum. Since the crypto industry is recording price drops for the past couple of days, ETH price also decreased by a significant 15% today. One ETH is currently priced at $3,127, dropping considerably from its recent high of around $4,000. The WLFI took this opportunity to buy more than 722 ETH tokens.&nbsp;</p>
<p>Overall, WLFI spent $47.5 million to purchase ETH, WBTC, LINK, AAVE, ONDO, and ENA. Out of the total spendings, WLFI used $32.5 million to purchase over 8,800 Ether tokens at $3,682 per token. Based on the Spot On Chain findings, the Trump family’s <a href="https://www.worldlibertyfinancial.com/" target="_blank" rel="noopener noreferrer nofollow">crypto project</a> now holds around 15,595 ETH as of today.&nbsp;</p>
<p>Yesterday, World Liberty Financial announced a <a href="https://x.com/spotonchain/status/1869476938823438648" target="_blank" rel="noopener noreferrer nofollow">partnership</a> with Ethena Labs and spent 250K USDC to buy 231,726 ENA tokens. The DeFi project is also integrating Chainlink and Aave into its ecosystem to enhance the quality of DeFi services and to bring them closer to a larger audience. Overall, World Liberty Financial not only aims to capitalize on the coming bull run but also market its dominance in the crypto industry.&nbsp;</p>
<p><strong>Highlighted Crypto News Today:&nbsp;</strong></p>
<p><a href="https://thenewscrypto.com/can-users-expect-wazirx-to-resume-withdrawals-by-april-2025/" target="_blank" rel="noopener noreferrer nofollow">Can Users Expect WazirX to Resume Withdrawals by April 2025?</a></p>

Trump’s World Liberty Financial Continues to Purchase ETH Amid Market Dip

Table of Contents

TheNewsCrypto

Other articles published on Dec 20, 2024

Bitcoin Price Decline Signals Key Technical Indicator Activation

BlackRock ETF Purchases First Blockchain-Issued Municipal Bond: Details Inside

Memecoins Lose Critical Floor: Shiba Inu Holders Dump Over $200M SHIB for This Green Utility Token

Charts of the week: HYPE, BGB and MOVE rally in double-digits, Bitcoin crash does not fade gains

SEC Approves Bitcoin-Ethereum Combo ETFs: What It Means for Crypto Investors?

Fed Officials Signal Economic Concerns Impacting Cryptocurrency Markets

Join our free newsletter for daily crypto updates!