#Trump Family Crypto Project Buys ETH#
Hot Topic Overview
Overview
World Liberty Financial, a DeFi project backed by the Trump family, has been steadily accumulating ETH recently, making several large purchases in the past few days. The project has bought over 17,980 ETH, worth over $61.41 million. Notably, the project spent $11.92 million to purchase 3,494 ETH through Cow Protocol in the early hours of January 20th. Previously, the project had also repeatedly exchanged $5 million USDC for ETH and deposited it into Coinbase. These actions have drawn market attention and contributed to the rise in ETH prices.
Ace Hot Topic Analysis
Analysis
World Liberty Financial, a DeFi project backed by the Trump family, has recently been accumulating ETH, sparking market attention. According to on-chain data monitoring, the project has purchased ETH multiple times in the past period, holding a total of over 17,980 ETH, worth more than $61.41 million. In the early hours of January 20th alone, the project spent $11.92 million to purchase 3,494 ETH. Previously, the project had also made multiple large purchases of ETH, such as on January 19th, when the project spent $20 million to purchase 6,041 ETH, with an average purchase price of $3,311. In addition, the project has also transferred some of its ETH to Coinbase. Market analysts believe that World Liberty Financial, a DeFi project backed by the Trump family, continuing to accumulate ETH may have a positive impact on ETH prices.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Trump family crypto project World Liberty Financial is buying a lot of ETH and holding a lot of ETH, which could have a positive impact on ETH prices.
Trump family crypto project World Liberty Financial is raising funds by selling its token WLFI and using those funds to buy ETH, which indicates that they are bullish on the future of ETH.
Trump family crypto project World Liberty Financial's ETH buying behavior has drawn market attention and driven up ETH prices.
Trump family crypto project World Liberty Financial's ETH buying behavior could signal the arrival of altcoin season, as they may be using ETH as part of their portfolio and using it for other cryptocurrency investments.