Trump’s World Liberty Financial (WLF) made another crypto purchase shortly after the swearing-in of Donald Trump as the 47th president of the United States.
The protocol’s wallet address made several large purchases, including over $47 million in wrapped Bitcoin (BTC), $47 million in Ethereum (ETH), $4.4 million in AAVE, and $4.5 million in Tron (TRX). Additionally, it bought $4.5 million of Ethena’s ENA and $5.5 million of Chainlink’s LINK, completing over a dozen transactions through decentralized exchange CoW, according to blockchain data from Arkham Intelligence.
The purchases sparked interest after Eric Trump teased upcoming investments, amid ongoing crypto controversies linked to the Trump family.
Blockchain analytics firm Arkham Intelligence Insights also identified the transactions in a post on X, pointing out that WLFI rotated its treasury into Bitcoin before the inauguration. “The instant he was sworn in, Trump’s project World Liberty FI bought $4.7 million USD of Bitcoin,” Arkham stated
Currently, BTC has recovered to trade around $104,000, reflecting continued uncertainty and volatility in digital assets. As the new administration settles in, the crypto community is awaiting clarity on potential regulatory actions that may impact the industry’s future.
Kommentar hinterlassen