Trump’s World Liberty Financial Snags 562 ETH with $2M as Buying Spree Intensifies – Is an ETH Price Pump Next?

Key Points

1. World Liberty Financial spent $2 million in USDC to acquire 561 ETH, bringing its total holdings to 76,849 ETH valued at approximately $281 million.

2. The firm's average entry price for ETH is around $3,291, resulting in unrealized gains of over $28 million.

3. Other companies like BitMine Immersion Technologies and SharpLink Gaming have also ramped up their Ethereum exposure, with SharpLink becoming the largest corporate holder of ETH with 360,807 ETH.

4. Ethereum's price has risen 5.5% over the past week and 51% over the last month, despite short-term resistance at the $3,835–$3,850 zone.

5. Analysts remain bullish on Ethereum's long-term trend, with potential price targets of $5,790 and $8,513 based on Fibonacci projections.