http://jaberwalk.victoryc.hop.clickbank.net/
The decentralized finance (DeFi) platform linked to US President Donald Trump significantly increased its Ether holdings over the past week as the cryptocurrency’s price briefly dipped below $2,000.
Trump’s World Liberty Financial (WLFI) DeFi platform has tripled its Ether (ETH) holdings over the past seven days as ETH fell below the $2,000 psychological mark, reversing from $1,991 on March 4, Cointelegraph Markets Pro data shows.
ETH/USD, 1-month chart. Source: Cointelegraph
Data provided by Arkham Intelligence shows WLFI now holds about $10 million more in Ether than a week earlier. Its latest acquisitions also include an additional $10 million in Wrapped Bitcoin (
$77,311.00 ) (WBTC) and $1.5 million in Movement Network (MOVE) tokens.
Source: Arkham Intelligence
Trump’s DeFi platform is currently sitting on a total unrealized loss of over $89 million across the nine tokens it invested in, Lookonchain data shows.
Source: Lookonchain
The dip buying came during a period of heightened market volatility and investor concerns, driven by both macroeconomic concerns and crypto-specific events, including the $1.4 billion Bybit hack on Feb. 21, the largest exploit in crypto history.
The recent dip also resulted in a “broader flight toward safety in crypto markets,” prompting investors to seek safer assets with more predictable yields, such as tokenized real-world assets (RWA), according to a Binance Research report shared with Cointelegraph.
Related: Can Ether recover above $3K after Bybit’s massive $1.4B hack?
Trump’s WLFI launches “Macro Strategy” fund for Bitcoin ( $77,311.00 ) , Ether, altcoins
WLFI’s latest digital asset investments occurred nearly a month after the platform unveiled the “Macro Strategy” fund for Bitcoin ( $77,311.00 ) (BTC), Ether and other cryptocurrencies “at the forefront of reshaping global finance.”
According to a Feb. 11 announcement, the fund aims to strengthen those projects and expand their roles in the evolving financial ecosystem:
“Together, we are building a legacy that bridges the worlds of traditional and decentralized finance, setting new standards for the industry.”
The fund aims to “enhance stability” by diversifying the platform’s holdings across a “spectrum of tokenized assets” to ensure a “resilient financial system” and to invest in “emerging opportunities within the DeFi landscape.”
Source: WLFI
The announcement came three weeks after widespread speculation about the Trump family launching a “giant” business on Ethereum (
$2,115.45 ) , according to Joseph Lubin, co-founder of Ethereum ( $2,115.45 ) and founder of Consensys.
Related: Solana sees $485M outflows in February as crypto capital flees to ‘safety’
“Based on what I am aware of, the Trump family will build one or more giant businesses on Ethereum ( $2,115.45 ) ,” Lubin wrote. “The Trump administration will do what is good for the USA, and that will involve ETH.”
Lubin suggested that the Trump administration might eventually integrate Ethereum ( $2,115.45 ) technology into government activities, similar to its current use of internet protocols.
Ether is currently the largest holding of WLFI, followed by $14.9 million worth of WBTC and $13.2 million worth of the USDT (USDT) stablecoin.
Magazine: Trump’s crypto ventures raise conflict of interest, insider trading questions
