Trump’s World Liberty Financial Buys $ETH, $WBTC & $MOVE

Donald Trump's World Liberty Financial fund has resumed crypto buys, acquiring $ETH, $WBTC, and $MOVE with $25M USDC. More purchases ahead?

  • Trump’s World Liberty Financial invested $25M in $ETH, $WBTC, and $MOVE.
  • The fund still holds $3.5M USDC in a new wallet.
  • Further crypto purchases may be on the horizon.

Donald Trump’s World Liberty Financial has re-entered the crypto market, making significant purchases of Ethereum (ETH), Wrapped Bitcoin (WBTC), and Move (MOVE). In the last 45 minutes, the fund moved $25 million USDC to a new multi-signature wallet and immediately began acquiring assets.

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Massive Crypto Purchases Signal Market Interest

The fund’s latest transactions include:

  • 4,468 ETH ($10M) at $2,238 per ETH
  • 110.6 WBTC ($10M) at $90,420 per BTC
  • 3.42M MOVE ($1.5M) at $0.439 per MOVE

These purchases indicate renewed institutional interest in Ethereum and Bitcoin, alongside a significant bet on the Move ecosystem.

More Buys Incoming?

After these acquisitions, $3.5M USDC remains in the wallet, hinting at potential further purchases. Given the fund’s history, more strategic crypto investments could follow, impacting market sentiment and prices.

With Trump-linked entities increasing their crypto exposure, the move may reflect broader political and financial interests in digital assets ahead of the 2024 elections.

Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.

Aurelien Sage

Aurelien Sage is a blockchain enthusiast and writer, crafting insightful articles on decentralized technologies, Web3, and the future of finance. His work simplifies complex concepts, empowering readers to navigate the evolving crypto landscape with confidence.

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