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Crypto vs. Dollar

📌 Trump family’s crypto project World Liberty buys $10 million worth of ETH – CoinJournal

A crypto project backed by Donald Trump has bought up ETH in large quantities. Eth

– A crypto project backed by Donald Trump has bought up ETH in large quantities.

According to Arkham, World Liberty Financial bought $10 million worth of ETH when the price of Ethereum plummeted.

World Liberty Financial, a crypto project backed by US President Donald Trump, bought Ethereum (ETH) for another $10 million.

the World Liberty wallet has been actively buying up various tokens in recent weeks and on January 27, it added $10 million worth of ETH.

According to market analytics and security platform Arkham, the Trump family’s crypto project purchased 3,247 ETH through crypto platform Cow Protocol. The purchase, including the $47 million worth of ETH purchased on Trump’s inauguration day, brings the Ethereum holdings of World Liberty Financial to 59,265 ETH.

According to Arkham data, the value of these tokens at the time of writing was approximately They were worth $85 million.

It is noteworthy that the purchase occurred against the backdrop of a bitcoin sell-off on Monday at the expense of Ethereum and other cryptocurrencies. As the market reacted negatively to the launch of Chinese artificial intelligence app DeepSeek, risky assets began to sell off and BTC fell below $100,000 to a low of around $97,900.

This chaos wiped out nearly $1 billion in cryptocurrency positions in 24 hours, The price of Ethereum fell to nearly $3,000, and World Liberty Financial used the drop as a buying opportunity.

MicroStrategy also bought more BTC, adding the benchmark digital asset to its rapidly growing bitcoin portfolio. It added more than US$1 billion in value. The company now owns 471,107 BTC bought for $30.4 billion at an average price of $64,511 per BTC.

World Liberty owns cryptocurrency totaling more than $381 million.

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