World Liberty Financial (WLFI), a financial entity with ties to former U.S. President Donald Trump, has significantly increased its Ethereum investment with a recent purchase of 861 ETH valued at $3 million. This acquisition raises WLFI’s total Ethereum holdings to 70,143 ETH, equivalent to approximately $251 million at current market rates.
The firm employs a dollar-cost averaging strategy, evidenced by its average acquisition cost of $3,249 per ETH. WLFI’s substantial accumulation positions it as a major institutional stakeholder in Ethereum, potentially influencing market confidence and demonstrating institutional commitment to the cryptocurrency’s long-term potential.
Donald Trump’s association with WLFI introduces a distinctive political dimension to its cryptocurrency strategy, which could draw regulatory attention amid evolving oversight frameworks. The aggressive accumulation also underscores institutional faith in Ethereum’s technological evolution, including recent network upgrades and the implementation of the EIP-1559 fee-burning mechanism designed to enhance scalability.