Trump Family Increases Ethereum Holdings: A Strategic Financial Move
Main Idea
The Trump family's investment company, World Liberty Financial (WLF), has significantly increased its Ethereum holdings, accumulating 70,143 ETH worth $266.54 million, with notable unrealized profits.
Key Points
1. WLF has accumulated 70,143 Ethereum since November 2024, with an average purchase price of $3,249 per ETH, leading to a paper gain of $38.65 million.
2. On July 18, WLF purchased an additional 861 ETH for 3 million USDC, reinforcing its commitment to Ethereum investments.
3. WLF's Ethereum holdings are stored in both hot and cold wallets, with the current price of $3,629 contributing to unrealized profits.
4. Strategic acquisitions between November 29, 2024, and March 5, 2025, included 66,275 ETH purchased at an average price of $3,243.
5. Institutional interest in Ethereum is growing, with entities like Kraken and FalconX accumulating 206,415 ETH in ten days, boosting market liquidity.
Description
Trump's World Liberty Financial amassed 70,143 ETH, boosting its portfolio to $266.54 million. WLF purchased Ethereum between November 2024 and March 2025, marking aggressive market action. Continue Reading: Trump Family Increases Ethereum Holdings: A Strategic Financial Move The post Trump Family Increases Ethereum Holdings: A Strategic Financial Move appeared first on COINTURK NEWS .
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