Ethereum ($ETH) has seen a price increase, surpassing $3,300, attracting interest from institutional and major investors. Among them is World Liberty Fi, linked to Donald Trump.
ETH Price Rise and World Liberty Fi Investments
Ethereum ($ETH) increased to $3,300, attracting significant investor interest. World Liberty Fi, associated with Donald Trump, reported purchasing 3,007 ETH for $10 million in USDC at an average price of $3,326.
ETH Accumulation Strategy
Since starting these investments on November 30, 2024, World Liberty Fi has been steadily increasing its holdings, now owning 70,505 ETH, equivalent to approximately $230 million. The average purchase price for their ETH stands at $3,261, suggesting a successful investment strategy.
Influence of Trump-Linked Figures on the Crypto Market
The association of World Liberty Fi with Donald Trump's name adds further interest to their activities. The company has become one of the largest known holders of ETH in recent months, highlighting how influential figures may drive market dynamics and support sustained growth.
The recent movements in the cryptocurrency market, especially from significant players like World Liberty Fi, may signal a new phase of asset accumulation in the digital currency sphere. Retail and institutional investors are likely to pay closer attention to such actions.
