#Trump family projects increase ETH holdings.#
Hot Topic Overview
Overview
World Liberty Financial, a DeFi project backed by the Trump family, has been steadily increasing its ETH holdings recently. In the past few days alone, it has purchased over 18,700 ETH, worth more than $63 million. After issuing its token WLFI, the project used some of the raised funds to buy ETH, and has made several large ETH purchases through platforms like Cowswap in recent times. Currently, World Liberty Financial holds over 32,852 ETH, worth more than $100 million, and also has a significant amount of ETH on Coinbase. This move has attracted market attention, with many believing that the Trump family's continuous accumulation of ETH will have a positive impact on the ETH price.
Ace Hot Topic Analysis
Analysis
World Liberty Financial, a DeFi project backed by the Trump family, has been accumulating ETH recently, drawing market attention. According to on-chain data, the project has purchased ETH multiple times through platforms like Cowswap in the past few weeks, with a total purchase amount exceeding tens of millions of dollars. Currently, it holds tens of thousands of ETH. Specifically, on January 20th, the project spent $11.92 million on 3,494 ETH through Cow Protocol, followed by another $15.93 million on 4,869 ETH from 5:40 to 6:03 UTC+8. Currently, the project holds a total of 28,630 ETH, worth $92.49 million.This ETH accumulation by the project is seen as a bullish signal for ETH and has ignited market expectations for its price. Some analysts believe that the involvement of the Trump family could attract more investors to ETH, driving its price up. However, other analysts point out that the actual operation of World Liberty Financial, the Trump family's crypto project, remains unclear, and it remains to be seen whether its ETH accumulation will have a substantial impact on the market.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Trump family's crypto project World Liberty Financial is buying a lot of ETH and holding a large amount of ETH.
Trump family's crypto project World Liberty Financial is buying ETH to raise the price of ETH and may sell ETH for profit in the future.
Trump family's crypto project World Liberty Financial may be using its influence to drive up the price of ETH and attract more investors into the ETH market.
Trump family's crypto project World Liberty Financial's ETH purchase behavior may be related to their issued token WLFI, they may want to buy ETH to enhance the value of WLFI.