World Liberty Financial On Aggressive Accumulation Spree, Is Trump Buying These Coins?
The post World Liberty Financial On Aggressive Accumulation Spree, Is Trump Buying These Coins? appeared first on Coinpedia Fintech News
Trump’s World Liberty Financial (WLF) made another crypto purchase shortly after the swearing-in of Donald Trump as the 47th president of the United States.
Blockchain analytics firm Arkham Intelligence Insights also identified the transactions in a post on X, pointing out that WLFI rotated its treasury into Bitcoin before the inauguration. “The instant he was sworn in, Trump’s project World Liberty FI bought $4.7 million USD of Bitcoin,” Arkham stated.
TRUMP’S WORLD LIBERTY FI BUYING $50M+ OF CRYPTO RIGHT NOW
In the past hour or so, Donald Trump’s project World Liberty Fi has purchased:
$4.7M of LINK
$4.7M of AAVE
$4.7M of TRX
$4.7M of ENA
3x $4.7M of WBTC
4x $4.7M of ETH
How much more will they buy? https://t.co/okD9QwZwy9 pic.twitter.com/XiNH1VFy4c
President Trump and his crypto team, through World Liberty Financial (WLFI), acquired significant amounts of major cryptocurrencies via a decentralized platform. According to Arkham Intelligence, WLFI purchased around $47 million worth of Ethereum, $4.4 million of Aave, and $4.5 million of Tron. Additionally, they bought $47 million in Wrapped Bitcoin (WBTC), $5.5 million in Chainlink, and $4.5 million in Ethena Labs tokens.
TRUMP’S WORLD LIBERTY FI BOUGHT $47M OF BTC AND $47M OF ETH TO CELEBRATE HIS INAUGURATION AS 47TH PRESIDENT OF THE UNITED STATES OF AMERICA pic.twitter.com/ZfdBQsnsG4
— Arkham (@arkham) January 20, 2025The purchases sparked interest after Eric Trump teased upcoming investments, amid ongoing crypto controversies linked to the Trump family.
Currently, BTC has recovered to trade around $104,000, reflecting continued uncertainty and volatility in digital assets. As the new administration settles in, the crypto community is awaiting clarity on potential regulatory actions that may impact the industry’s future.