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World Liberty Financial, a crypto firm backed by Donald Trump and his sons, has added $10 million worth of Ethereum (ETH) to its holdings. According to Lookonchain and Nansen, the company purchased 3,007 ETH at an average price of $3,326. With ETH now trading at $3,347, the recent acquisition shows continued interest from Trump-affiliated entities in Ethereum's long-term potential.
World Liberty Financial (WLFI) began accumulating Ethereum in November 2024, and the total currently held has reached 70,505 ETH. Due to aggressive hoarding and a small unrealized gain, the total worth of these stakes is approaching $230 million. Besides the recent purchase, WLFI also completed two independent purchases of ETH in amounts worth $10 million on January 28 and 31, as reported by Arkham Intelligence.
This development aligns with broader institutional moves toward Ethereum. SharpLink Gaming reportedly acquired 111,609 ETH, worth approximately $343 million, over the past eight days. An inactive whale wallet also resurfaced, amassing almost $300 million in ETH in just one week. These activities have fueled speculation regarding future occurrences or anticipation tied to Ethereum.
In October 2024 and January 2025, WLFI conducted two token sales amounting to $550 million. The initial offering raised $300 million by selling 20 billion tokens at $0.015, and another sale of 5 billion tokens was sold at $0.05. It was reported that 75% of the proceeds were directed to a company affiliated with Trump. The company has more than 85,000 investors in various jurisdictions.
Token holders recently approved a proposal to initiate public trading of WLFI tokens. The vote passed with 99.94% of the votes in favor. Initially, only early investor tokens will unlock. A second vote will determine the schedule for releasing the remaining 100 billion tokens. Founder and advisor tokens will remain locked until further notice.
The WLFI team described the token's transition to public markets as a move toward “open participation.” While trump tokens were to be listed on Tron Blockchain. Increasing demand appears to be shaping the rollout timeline.
Ethereum experienced a 23% rise this week, pushing prices above the $3,400 mark. According to analysts, whales and high demand have swung the market to buy-in and increased inflows into ETH-linked ETFs. The New York-based Securities and Exchange Commission approved the ETFs on Tuesday, and already on Wednesday, there were net inflows of $726.74 million, the highest in a single day since the ETFs were launched. Total ETH ETF assets now exceed $16.41 billion.
Major ETFs, such as BlackRock’s ETHA and Fidelity’s FETH, led the surge in inflows. Meanwhile, the total ETH trading volume rose 34% over the past 24 hours, reaching $51 billion. Inflows into ETH ETFs have already reached $2.27 billion as of July.
Whale wallets have shown mixed strategies. While some, like SharpLink, accumulated aggressively, others sold large holdings. Trend Research offloaded 79,470 ETH worth $250 million, and another whale who profited $30 million in previous cycles sold 98,000 ETH.
Although these are contradictory trades, the market is ascending upwards. Ethereum's 90-day growth rate stands at 117%, but it has not yet surpassed its all-time high.
