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President Trump’s WLF 3,473 ETH Purchase Could Drive Ethereum to a Record Price — Here’s Why
The President Donald Trump-linked crypto arm, World Liberty Financial (WLF), has made another significant move in the Ethereum ecosystem. The company has acquired 3,473 ETH worth $13 million at an average price of $3,743. Following this latest purchase shared by Lookonchain, WLF’s total ETH holdings now stand at approximately 73,616 ETH, currently valued at around $275.9 million.
This move comes as Ethereum ETFs continue to dominate capital inflows, raising a key question: Will strong institutional demand push ETH toward a record high above $4,891? Or are these indicators signaling a sustained bull run?
The immediate deposit into Aave suggests a long-term strategy, with WLFI earning yield rather than trading for short-term gains.
WLF previously bought 3,007 ETH last week for $10 million, as Ethereum showed signs of strong market momentum. This purchase followed a $3.5 million acquisition in May, where WLF secured 1,587 ETH at lower prices. As of now, its average acquisition cost stands at $3,272 per token.
Notably, Ethereum’s strong market performance is helping boost the valuation of crypto portfolios heavily exposed to the asset.
Source: zycrypto.com
