World Liberty Financial (WLFI) has significantly increased its Ethereum portfolio, purchasing 256.75 ETH tokens for $1 million. The acquisition was executed at an average price of $3,895 per ETH, bringing WLFI’s total Ethereum holdings to 77,226 ETH.
The holdings are currently valued at approximately $296 million amid Ethereum’s sustained price strength, with the cryptocurrency trading above $3,824. Ethereum has demonstrated robust performance, posting 55% gains over the past month.
WLFI’s strategic accumulation has generated substantial unrealized profits nearing $42 million. This investment aligns with broader trends of increased cryptocurrency allocations among Trump-affiliated business entities.
Ethereum’s significant price appreciation signals strong investor confidence and continued market interest in the cryptocurrency sector.