World Liberty Fi, a blockchain initiative associated with the Trump family, has executed a significant Ethereum purchase. The entity spent 10 million USDC to acquire 3,007.4 ETH at an average price of approximately $3,325 per token.
The transaction was deliberately executed within a concentrated nine-hour window, reflecting a strategic move based on crypto-market conditions. This substantial investment underscores institutional confidence in Ethereum’s expanding ecosystem and its medium-term value proposition amid evolving blockchain adoption trends.
Utilizing the stablecoin USDC facilitated the high-value acquisition, demonstrating how dollar-pegged digital assets streamline large-scale cryptocurrency transactions. Such moves highlight institutional strategies for direct on-chain asset accumulation while leveraging stablecoins’ liquidity advantages.