The decentralized finance (DeFi) platform associated with former U.S. President Donald Trump has significantly ramped up its Ether holdings over the past week, capitalizing on a temporary price drop below $2,000.
Trump’s World Liberty Financial (WLFI) has reportedly tripled its Ether holdings in just seven days, with data indicating that ETH briefly dipped to $1,991 on March 4 before rebounding.
According to Arkham Intelligence, WLFI’s Ether reserves have increased by approximately $10 million compared to the previous week. The platform has also acquired an additional $10 million in Wrapped Bitcoin (WBTC) and $1.5 million in Movement Network (MOVE) tokens.
Despite these strategic acquisitions, WLFI is currently facing an unrealized loss exceeding $89 million across nine different token investments, per Lookonchain data.
The purchases occurred amid heightened volatility in the crypto market, fueled by macroeconomic uncertainty and sector-specific challenges, including the historic $1.4 billion Bybit hack on Feb. 21. A recent Binance Research report suggests that investors are shifting toward safer, yield-generating assets like tokenized real-world assets (RWA).
WLFI’s “Macro Strategy” Fund Expands Investments in Bitcoin and Altcoins
These latest acquisitions come nearly a month after WLFI introduced its “Macro Strategy” fund, designed to invest in Bitcoin, Ether, and other cryptocurrencies playing a key role in reshaping global finance.
In a Feb. 11 statement, WLFI emphasized its goal of strengthening these projects and bridging traditional and decentralized finance:
“Together, we are building a legacy that bridges the worlds of traditional and decentralized finance, setting new standards for the industry.”
The fund seeks to stabilize WLFI’s portfolio by diversifying across a range of tokenized assets, enhancing resilience, and identifying new opportunities within the DeFi space.
Speculation about the Trump family’s deeper involvement in Ethereum has also been growing. Joseph Lubin, Ethereum co-founder and Consensys founder, recently hinted that they may be launching major projects on the blockchain.
“Based on what I am aware of, the Trump family will build one or more giant businesses on Ethereum,” Lubin wrote.
Currently, WLFI’s largest crypto holding is Ether, followed by $14.9 million in WBTC and $13.2 million in USDt stablecoins.
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