Trump-Backed WLFI Moves $8M as Ethereum Whales Accumulate 116,000 ETH
Ethereum is getting a fresh look from institutional investors as the price of Ether tumbles and big players retool...
Quick overview
- Institutional interest in Ethereum is rising as World Liberty Financial shifts $8 million from Bitcoin to purchase 2.86 million ETH.
- Ethereum's price is currently around $2864, reflecting a 2.58% drop in the last 24 hours and a 10.4% fall over the past week.
- Despite the price decline, large Ethereum holders, or whales, are actively buying ETH, indicating confidence in a future price rebound.
- Recent whale purchases include significant buys from new wallets and established players, totaling over 116,000 ETH during the market dip.
Ethereum is getting a fresh look from institutional investors as the price of Ether tumbles and big players retool. World Liberty Financial, a blockchain project backed by the Trump family, has made a significant change to its crypto portfolio: it’s shifting big chunks of its Bitcoin-linked assets to Ethereum.
Data from Onchain Lens shows that WLFI sold a whopping 93.7 million Wrapped Bitcoins – that’s worth around $8 million – and then used that cash to buy 2.86 million ETH at an average price of $2800 per token. This large transaction makes it one of the largest single institutional shifts of assets into Ethereum in recent months.
Wrapped Bitcoin is a token on the Ethereum blockchain that’s pegged 1:1 to Bitcoin, so that BTC holders can use it with Ethereum’s fancy finance tools. By selling all that WBTC, WLFI has quietly moved out of Bitcoin and into Ethereum – and is effectively doubling down on the latter.
Another big player, BlackRock – one of the world’s biggest investors – recently offloaded $151 million worth of Ethereum while buying up more Bitcoin to the tune of $290 million. That just goes to show the different ways that big investors are playing the crypto market these days.
Ethereum and Bitcoin Get Squeezed
Ethereum is struggling to hold above the key $3,000 level, and its price is being squeezed downward. As of now, ETH is trading at around $2864 – which is a reflection of:
⚠️TRUMP-BACKED WLFI DUMPS $8M BTC FOR ETH
World Liberty Financial sold 93.77 WBTC worth $8.1MILLION to acquire 2,868 ETH at $2,813.
ETH breakout on the horizon? pic.twitter.com/uJn6rEUvYF
— Coin Bureau (@coinbureau) January 26, 2026
- 2.58% drop in the last 24 hrs
- 10.4% fall over the past week
- 2.21% decline over the last 30 days
Meanwhile, Bitcoin is trading at $87,662, with a price drop of
- 1.62% over the last day
- 5.28% over the past week
- Just a 0.27% gain over the last month
WLFI’s move into Ethereum pretty much suggests that big investors think it’s a good time to bet on the long game – and that Ethereum’s prices will bounce back during this wider market correction.
Ethereum Whales Stock Up On ETH
Big Ethereum holders are buying Ether even as the price falls. According to CryptoQuant, whale wallets have been snapping up ETH when the price dips between $2600 and $3000, suggesting they’re expecting it to go back up.
Some big recent buys include:
- a new whale wallet called “0xcA0” buying 61,000 ETH worth $171 million from Binance – that’s a lot of Ether
- Whale address “0xFB7” is buying 20,000 ETH worth $56 million from Wintermute.
- That same whale now holds more than 100,000 ETH, worth a whopping $287 million.
- And then there’s BitMine, the big player that holds the most Ethereum on the books – that one added 35,268 ETH during the market decline.
All this adds up to over 116,000 ETH being bought up by big whales and institutions – and that’s a pretty good sign that they think Ethereum’s going to bounce back long-term.
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