NewsBinance SquareBitcoin NewsDeFi NewsEthereum

Trump’s World Liberty Buys $18.6M in BTC and ETH

Trump's World Liberty invests $18.6M in WBTC and ETH, signaling strong crypto market confidence.

  • World Liberty spends $18.6M on WBTC and ETH.
  • 84.5 WBTC bought at $118,343 each.
  • 1,911 ETH purchased at $4,500 each.

Major Crypto Buy from Trump-Linked Group

In a notable move, Trump’s World Liberty has once again made headlines in the crypto world. The group reportedly invested a whopping $18.6 million USDC just an hour ago to acquire two of the top cryptocurrencies—Wrapped Bitcoin (WBTC) and Ethereum (ETH).

magacoinfinance

This purchase reflects growing confidence among politically connected investors in the long-term value of digital assets. With the U.S. election season heating up and financial markets reacting to global uncertainty, such large-scale moves could influence sentiment in both crypto and traditional markets.

$10M Spent on WBTC, $8.6M on ETH

According to on-chain data, World Liberty spent $10 million USDC to acquire 84.5 WBTC, priced at an average of $118,343 per coin. Wrapped Bitcoin is a tokenized version of Bitcoin on the Ethereum blockchain, allowing easier interaction with DeFi applications.

In the same hour, the group also invested $8.6 million USDC to purchase 1,911 ETH, paying $4,500 per ETH. The move comes as Ethereum shows signs of strength amid talk of ETF approvals and continued institutional interest.

This isn’t the first time Trump-linked entities have dipped into crypto, but the size and timing of this investment suggest a strong bet on future gains.

What This Could Mean for Crypto Markets

Trump’s World Liberty crypto investment sends a clear signal to the market: large-scale players are still betting big on crypto. While prices are already high, this kind of volume purchase may further push demand upward.

Additionally, it underlines how politically exposed entities may increasingly view crypto as both a financial hedge and a tool for influence. Whether this trend continues remains to be seen, but for now, the message is loud and clear—crypto remains a key part of high-stakes portfolios.

Read Also:

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.

Isolde Verne

Isolde Verne is a passionate crypto writer, focusing on blockchain innovation, NFT ecosystems, and the societal impact of decentralized systems. Her engaging style bridges the gap between technology and everyday understanding.

Related Articles

Back to top button