Ethereum, Chainlink, Aave Surge After Donald Trump Buys $12 Million Worth of World Liberty Tokens
Donald Trump-backed DeFi platform World Liberty Financial (WFLI) spent $12 million on Ethereum (ETH), Chainlink (LINK), and Aave (AAVE) on Thursday, causing ETH to surge 2% and LINK and AAVE to surge more than 20%.
WFLI previously announced in November that it was integrating Chainlink and Aave into its decentralized finance (DeFi) ecosystem.
Donald Trump’s Company’s Cryptocurrency Buying Spree
According to data from Lookonchain on Thursday, Trump’s multisig wallet World Liberty Financial spent a total of $12 million USDC stablecoin to buy $10 million to acquire 2,631 ETH, $1 million to buy 41,335 LINK, and $1 million to buy 3,357 AAVE.
Trump’s World Liberty (@worldlibertyfi) is buying $ETH, $LINK, and $AAVE!
In the last 9 hours, the World Liberty multisig wallet spent $10 million USDC to buy $2,631 ETH at $3,801, $1 million USDC to buy $41,335 LINK at $24.2, and $1 million USDC to buy $3,357 AAVE at $297.8.
ETH price rose 2% on the news, while LINK and AAVE saw gains of over 20% in the early European session on Thursday.
On November 14, WLFI announced that it would adopt the Chainlink standard for on-chain data and cross-chain connectivity as a secure way to bring DeFi to the next stage of mass adoption.
We are excited to announce that we are adopting the @chainlink standard for onchain data and cross-chain connectivity as a secure way to bring DeFi into the next stage of mass adoption.
Additionally, on November 27th, the platform’s DAO proposed to deploy a World Liberty Financial Aave v3 instance on
#Write2Earn!