World Liberty Financial, a project backed by the family of former President Donald Trump, is once again making headlines with a significant investment in Ethereum. This move is part of a broader wave of institutional interest in the world’s second-largest cryptocurrency.
🔹 Another Major ETH Purchase Worth $13 Million
According to blockchain data, WLF exchanged 13 million USDC for 3,473 ETH at an average price of $3,743 per token. This transaction increased the platform’s total ETH holdings to 73,616 ETH, now valued at approximately $275 million. The average acquisition price stands at $3,272, resulting in an unrealized profit of over $33 million.
🔹 Consistent Accumulation Continues
This latest acquisition follows a previous purchase just a week earlier, when WLF bought 3,007 ETH for around $10 million. Back in May, the project had already invested $3.5 million to acquire 1,587 ETH. This step-by-step accumulation reveals a clear long-term interest in Ethereum.
🔹 Ethereum Price Reacts with Gains
Following the latest bulk purchase, ETH gained 2% in a single day, reaching a local high of $3,763. Over the past week, Ethereum has risen by 20%, and over the last month, it has surged by an impressive 67%.
Ethereum Attracts Both Institutions and Crypto Whales
Interest in ETH is not limited to politically associated projects. Tech and financial firms such as SharpLink and Bitmine have also recently increased their ETH holdings.
Investment giant BlackRock is also increasingly focusing on Ethereum, diversifying its exposure beyond Bitcoin.
Besides institutional investors, large holders – known as "whales" – are also accumulating ETH again. One long-dormant address from the ICO era recently became active again. While it has only moved one token so far, the unrealized profit on the remaining balance exceeds $2.44 million.
A New Player Emerges: Ether Machine
A promising new project called Ether Machine, valued at $1.6 billion, has also entered the scene. It is supported by major industry players such as Archetype, Blockchain.com, Pantera Capital, Electric Capital, and the exchange Kraken. The project aims to strengthen Ethereum’s decentralized infrastructure.
Ethereum's scalability and growing adoption are clearly drawing the attention of not only retail investors but also big institutions – and the trend of ETH accumulation is far from over.
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