Trump’s WLFI Buys $10M in Ethereum Despite Losses

Donald Trump’s DeFi platform, World Liberty Financial (WLFI), is doubling down on crypto. Even as Ethereum (ETH) prices fell below $2,000, WLFI has tripled its ETH holdings, showing strong confidence in the market’s long-term potential.

WLFI Invests $25 Million in Crypto

According to on-chain data from Lookonchain, WLFI recently moved $25 million USDC into a newly created multi-signature wallet, signaling plans to expand its crypto portfolio. The fund made several big purchases, including:

  • 4,468 ETH for $10 million at an average price of $2,238 per ETH.
  • 110.6 Wrapped Bitcoin (WBTC) for $10 million at $90,420 per BTC.
  • 3.42 million MOVE tokens for $1.5 million at $0.439 per token.

With about $3.5 million USDC still available, speculation is rising that WLFI could continue adding to its holdings soon.

Currently, ETH remains WLFI’s largest holding with $16.34 million, followed by $14.8 million in WBTC and $13.25 million in USDT stablecoins. However, despite its buying spree, WLFI is facing over $89 million in unrealized losses across nine tokens.

A High-Stakes Bet Amid Market Chaos

WLFI’s growing crypto investments come at a challenging time. The market has been hit by major setbacks, including the $1.4 billion Bybit hack—the biggest in crypto history—and broader economic concerns.

While many investors are shifting to real-world assets (RWA) for stability, WLFI is taking a different approach, betting on a long-term crypto recovery.

Potential Ethereum Ambitions?

WLFI’s latest moves follow the launch of its Macro Strategy fund, which focuses on Bitcoin, Ethereum, and selected altcoins to build a strong, diversified portfolio.

Meanwhile, rumors are swirling that Trump’s family could launch ‘one or more giant businesses’ on Ethereum. Even Ethereum co-founder Joseph Lubin has hinted at the possibility of Ethereum being used in government operations.

Could WLFI’s increasing Ethereum holdings be part of a bigger plan? Time will tell.

Source: https://coinpedia.org/news/donald-trumps-wlfi-buys-10m-worth-of-ethereum-amid-market-drop/