Trump-Linked Crypto Fund Buys 3,473 ETH for $13M Amid Ethereum Surge
World Liberty Financial (WLF), a Trump family connected crypto venture, just bought 3,473 ETH at $3,743 per coin.
Quick overview
- World Liberty Financial has increased its ETH holdings to 73,616, valued at approximately $275 million.
- The recent purchase of 3,473 ETH contributed to a 2% surge in ETH prices.
- Institutional interest in Ethereum is rising, with firms like BlackRock and the Ether Machine Project expanding their exposure.
- Whale activity indicates renewed confidence in Ethereum's long-term potential as it evolves within the digital economy.
World Liberty Financial (WLF), a Trump family connected crypto venture, just bought 3,473 ETH at $3,743 per coin. They swapped $13 million of USDC (a stablecoin pegged to the US dollar) for the ETH. This brings their total ETH holdings to 73,616 ETH, now worth around $275 million.
According to Lookonchain, WLF’s average entry price across all ETH buys is $3,272. They are now $33 million in unrealized profit. Last week they bought 3,007 ETH at an average of $3,325. Earlier in May they bought 1,587 ETH for $3.5 million.
Ethereum prices responded positively to these big buys and went up 2% in a day and hit a high of $3,763. Over the last month ETH is up 67% and 20% in the last week alone. Clearly there is still a lot of bullish sentiment.
Institutions are Buying Ethereum
World Liberty Financial isn’t the only one adding to their ETH holdings. Other institutions are too.
- SharpLink and Bitmine: Added ETH to their crypto treasuries.
- BlackRock: Still exploring ETH exposure.
- Ether Machine Project: Backed by Archetype, Kraken and Pantera Capital. $1.6 billion initiative shows ETH is getting more institutional love.
Institutional activity has been a big driver of ETH’s price and is solidifying its position as a long term asset.
Whales are Confident in Ethereum
Beyond institutions, crypto “whales”—wallets holding massive amounts of ETH—are also making moves.
A notable example is an Ethereum address from the 2015 ICO era that transferred 1 ETH recently. The address still holds ETH with unrealized gains of over $2.4 million. A big long term holder.
Whale activity is a sign of renewed confidence in Ethereum as it transitions to a proof of stake model and supports the growing DeFi ecosystem.
Summary Highlights:
- WLF now holds 73.6K ETH, worth ~$275M.
- ETH price surged 2% post-acquisition.
- Institutional and whale demand supports ETH’s bullish outlook.
This growing wave of strategic investments hints at Ethereum’s evolving role—not just as a smart contract platform, but as a cornerstone asset in the broader digital economy.
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