The post Trump’s WLFI Buys $10M in Ethereum Despite Losses – Here’s Why appeared first on Coinpedia Fintech News
Donald Trump’s DeFi platform, World Liberty Financial (WLFI), is doubling down on crypto. Even as Ethereum (ETH) prices fell below $2,000, WLFI has tripled its ETH holdings, showing strong confidence in the market’s long-term potential.
According to on-chain data from Lookonchain, WLFI recently moved $25 million USDC into a newly created multi-signature wallet, signaling plans to expand its crypto portfolio. The fund made several big purchases, including:
With about $3.5 million USDC still available, speculation is rising that WLFI could continue adding to its holdings soon.
Currently, ETH remains WLFI’s largest holding with $16.34 million, followed by $14.8 million in WBTC and $13.25 million in USDT stablecoins. However, despite its buying spree, WLFI is facing over $89 million in unrealized losses across nine tokens.
WLFI’s growing crypto investments come at a challenging time. The market has been hit by major setbacks, including the $1.4 billion Bybit hack—the biggest in crypto history—and broader economic concerns.
While many investors are shifting to real-world assets (RWA) for stability, WLFI is taking a different approach, betting on a long-term crypto recovery.
WLFI’s latest moves follow the launch of its Macro Strategy fund, which focuses on Bitcoin, Ethereum, and selected altcoins to build a strong, diversified portfolio.
Meanwhile, rumors are swirling that Trump’s family could launch ‘one or more giant businesses’ on Ethereum. Even Ethereum co-founder Joseph Lubin has hinted at the possibility of Ethereum being used in government operations.
Could WLFI’s increasing Ethereum holdings be part of a bigger plan? Time will tell.
The post Trump’s WLFI Buys $10M in Ethereum Despite Losses – Here’s Why appeared first on Coinpedia.org.