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World Liberty Financial, Backed by Donald Trump, Buys 722 Ethereum Amid Market Dip!
Following a downturn in Bitcoin and altcoin prices, particularly after Powell’s statements, some long-term investors seized the opportunity to buy. Among them, the Trump-backed initiative, World Liberty Financial, made a notable purchase of Ethereum (ETH) last night.
Key Details of the Purchase
The platform acquired 722 ETH, worth approximately $2.5 million, bringing its total Ethereum holdings to 15,595 ETH.
Notably, World Liberty Financial’s investments are not limited to Ethereum. Last week, the platform made $10 million worth of ETH purchases and also diversified into several altcoins.
Which Altcoins Did They Buy?
The altcoins include LINK, ONDO, ENA, and AAVE. Following the platform’s purchases, projects like ONDO and ENA experienced significant price increases.
Additionally, the platform recently announced a partnership with Ethena (ENA), further solidifying its involvement in the crypto space.
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