#Trump family crypto project increases TRX holdings#

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Overview

The Trump family's crypto project World Liberty Financial (WLFI) has been continuously increasing its holdings of TRX recently. In the early hours of January 22, WLFI purchased 10,800,900 TRX for $2.62 million through Cow Protocol. Currently, WLFI holds a total of 30,107,000 TRX, worth $7.37 million. In addition, WLFI converted 5,252 ETH to stETH and staked it on Lido. These actions suggest that WLFI is positive about TRX and the DeFi space and may continue to accumulate TRX in the future.

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Analysis

The Trump family's crypto project, World Liberty Financial (WLFI), has recently made two major transactions. First, they purchased 10,808,900 TRX for $2.62 million on January 22nd early morning through Cow Protocol, bringing their total TRX holdings to 30,107,000 TRX, currently valued at $7.37 million. Second, they swapped 5,252 ETH (worth $17.43 million) for stETH and staked it on Lido. These transactions indicate that WLFI is actively adjusting its crypto asset allocation and may have positive expectations for the future development of TRX and stETH.

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Trump family encryption project World Liberty Financial (WLFI) increased its holdings of 10.809 million TRX, worth $2.62 million.

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WLFI currently holds 30.107 million TRX, worth $7.37 million.

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WLFI exchanged 5,252 ETH for stETH and staked it to Lido.

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WLFI purchased TRX through Cow Protocol.

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