#Trump family crypto project increases ETH holdings#
Hot Topic Overview
Overview
World Liberty Financial, a DeFi project backed by the Trump family, has been steadily accumulating ETH recently. In the past 40 minutes, the project has bought 6,040.6 ETH, worth $19.56 million. The project now holds 11,009.48 ETH, worth about $36.72 million. Previously, the project had also purchased ETH multiple times and deposited thousands of ETH into Coinbase in the past few days. These purchases have attracted market attention and contributed to the rise of ETH prices.
Ace Hot Topic Analysis
Analysis
World Liberty Financial, a DeFi project backed by the Trump family, has recently been accumulating ETH, sparking much discussion in the market. On-chain data shows that the project has purchased ETH multiple times in the past period, accumulating over 11,000 ETH, worth over $36 million. The most recent purchase occurred 40 minutes ago, where World Liberty Financial spent $20 million to buy 6,041 ETH at a price of $3,311. These purchases are seen as a bullish signal for ETH by the project, and have also ignited optimistic expectations for the ETH price in the market. Some analysts believe that the Trump family's crypto project accumulating ETH may signal an upcoming ETH price surge. However, some remain cautious, believing that the Trump family's crypto project may simply be for hype and does not represent the future direction of ETH.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Trump family's crypto project World Liberty Financial is heavily buying ETH and sees it as a long-term investment.
World Liberty Financial raises funds by selling its token WLFI and uses these funds to buy ETH.
World Liberty Financial's ETH holdings continue to grow and have now surpassed 11,000 coins, worth over $36 million.
The ETH purchase behavior of Trump family's crypto project World Liberty Financial has had a positive impact on the price of ETH and has sparked market interest in ETH.