Trump’s World Liberty spent 12 million USDC to buy 3,473 ETH at $3,743.
The price of ETH continues to move towards the $4,000 price target.
Reputed analyst sets cycle top price for ETH between $8,000 and $10,000.
Ethereum continues to hold the attention of institutions across the globe. As BTC sets new ATH prices, ETH has yet to reclaim the $4,000 price range, let alone its previous ATH price, allowing institutions to accumulate heavily and await a bullish surge. Most recently, Trump’s World Liberty spent 12 million USDC to buy 3,473 ETH at $3,743, fueling expectations for a spectacular ETH price pump ahead.
Trump’s World Liberty Spent 12 Million to Buy ETH
The price of ETH has been steadily pumping ever since the price of ETH bottomed at $1,700 when BTC went into a prolonged quarter-long correction phase in Q1 of 2025. This correction phase was triggered by BTC setting a new ATH before the Bitcoin Halving event. The correction was much-needed as it set up a much healthier market for altcoin prices to thrive, despite the repercussion being a delayed altseason.
From Q2 onwards, BTC went on to set new ATH prices up to Q3 at the moment, with its latest ATH being in the $123,000 price range. Meanwhile, the price of ETH went on to steadily hit higher targets. First, ETH reclaimed the $2,700 price, then $3,700, and is now working its way towards reclaiming its previous ATH price set at the $4,800 price range set last bull cycle.
Throughout the bull cycle so far, ETH whales and financial institutions like BlackRock have been steadily accumulating ETH, either to prepare for the inevitable altseason pump or to fuel ETH ETF offerings. The latter option has already proved a huge success, leading to even greater ETH accumulation from institutions, even now, despite the slightly higher price ETH is valued at.
https://twitter.com/lookonchain/status/1947830950710415837
These ETH accumulation efforts don’t end with institutions offering ETH ETF options. Most recently, Trump’s World Liberty just spent 13 million USDC to buy 3,473 ETH at $3,743 again. This shows how the entity has been constantly accumulating ETH. The fact that Trump’s firm is holding so much ETH shows great promise in the asset, fueling expectations for ETH to hit much higher targets this altseason.
Cycle Top Target Set Between $8,000 and $10,000 for ETH
https://twitter.com/CryptoBullet1/status/1947703681039651253
As we can see from the post above, this reputed analyst says that Ethereum has shown an impressive recovery and looks to be in a Descending Broadening Wedge pattern. Similar to the 2019-2020 ETH rally, the chart is looking very bullish. Presently, ETH is testing resistance for the 3rd time and will likely break out this time. He expects ETH price to rally hard with cycle top target set between $8,000 and $10,000.
