Trump company made new millionaire purchase of Ethereum
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In total, World Liberty Financial accumulates 73,616 eth.
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It is one of the 10 corporate or institutional entities with more ETH in its treasury.
World Liberty Financial (WLF), a firm linked to the family of US President Donald Trump, continues to expand his presence in the Ether ecosystem (ETH), the cryptocurrency of the Ethereum Network.
That company bought 3,473 ETH units on Tuesday, July 22, for an approximate value of 13 million dollars at the USD Coin Stablecoin (USDC). With this operation, The company raises its total accumulated to 73,616 ethconsolidating as one of the ten corporate or institutional entities with the greatest amount of Ether in custody.
The platform, which operates in the defi ecosystem and was launched by the Trump family in 2024, currently has a 40% shareholding by the Trump. This figure represents a decrease compared to 60% that Trump possessed until March this year, as cryptootics reported.
According to public records, World Liberty Financial has invested a total of $ 275 million in ETH, with an average purchase price of $ 3,272 per unit. At current market prices, This possession represents an unrealized gain of more than 33 million dollars.
Although it is positioned among the main ETH holders companies, WLF is still below other sector actors. Companies such as Sharplink Gaming and Bitmine Immersion maintain significantly broader reserves, with 360,800 and 300,700 ETH respectively.
The most recent purchase of WLF occurs in a context of mixed behavior in the price of Ether. During the last week, cryptocurrency has fluctuated between 3,600 and $ 3,700 per unit.
This variation has been influenced by the volume of capital that has entered the quoted funds (ETF) in the ETH cash in the United States. Only on Tuesday, July 22, these instruments received net injections for 533.8 million dollars, one of the highest figures since its approval, in July 2024.
