World Liberty Financial (WLFI) has significantly expanded its Ethereum portfolio, accumulating 77,226 ETH valued at approximately $296 million amid a surging altcoin market. The holdings currently represent an unrealized profit of $41.7 million.
The firm executed major purchases including 256.75 ETH for $1 million, 561 ETH for $2 million, and 3,473 ETH for $13 million. These transactions demonstrate WLFI’s aggressive accumulation strategy and confidence in Ethereum’s long-term valuation prospects.
This accumulation coincides with the broader altcoin market cap surging to $1.39 trillion, reflecting a 138% increase from 2022 lows. The market exhibits a bullish ‘cup and handle’ technical pattern, signaling investor optimism about the ongoing recovery.
Simultaneously, Gate has become the second-largest centralized exchange holder of USD1 stablecoin reserves with $170 million on BNB Smart Chain and $20 million on Ethereum. These substantial reserves strengthen market confidence in WLFI’s operational ecosystem and stablecoin infrastructure.
Analysts note that WLFI’s strategic positioning directly correlates with mounting institutional interest in Ethereum and expanding altcoin adoption, supported by improving technical indicators and sustained market demand.