World Liberty Financial, a decentralized finance project backed by U.S. President Donald Trump, has made a significant Ethereum purchase of $10 million. This acquisition marks the project’s second major investment in the cryptocurrency, following a $47 million purchase on Trump’s inauguration day.

Ethereum Price Struggles Amidst New Bitcoin All-Time High

Despite Bitcoin reaching a new all-time high above $108k, Ethereum’s price has struggled to gain upside momentum. However, World Liberty Financial’s investment has contributed to a slight increase in Ethereum’s value, with the cryptocurrency gaining approximately 4.6% in the past 24 hours.

World Liberty Financial’s Ethereum Holdings

According to available data, the latest purchase saw World Liberty Financial spend 10 million USDT to acquire 2,972 Ethereum. This transaction has pushed the project’s total Ethereum holdings to over 70,000, valued at more than $225 million. This makes Ethereum one of the Trump-backed project’s “biggest bets in crypto.”

World Liberty Financial’s Cryptocurrency Portfolio

Data from market intelligence and analytics firm Arkham shows that World Liberty Financial currently holds more than $428 million in various cryptocurrencies, including:

  • $225 million in Ethereum
  • $68 million in wrapped Bitcoin
  • Nearly $66 million in staked Ethereum

While Ethereum’s price remains largely stagnated below $4,000, fresh momentum from inflows into spot Ethereum ETFs may fuel a push above this crucial level.

Investing in cryptocurrencies carries risks, and it’s essential to do your research and consider your financial goals before making any investment decisions.

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