The DeFi venture World Freedom Finance, linked to Donald Trump, once more generates buzz in the digital currency space, allocating an additional $10 million to Ethereum. Toncoin (TON) Value Forecast for March 26th
Despite Bitcoin surging beyond $108,000 reaching unprecedented peaks, Ethereum has trailed, finding it difficult to ride the identical optimistic surge.
However, embracing the position of a significant Ethereum supporter, World Freedom Finance, associated with Trump, is vigorously accumulating ETH, the top altcoin in terms of market capitalization.
This fresh action follows a considerable $47 million ETH purchase on the day of Trump’s inauguration. In their newest deal on January 31st, they invested a further $10 million USDT to procure 2,972 ETH.
Based on blockchain information from Spot On Chain, this recent acquisition elevates their overall ETH holding to more than 70,000 tokens, presently assessed at greater than $225 million.
This ongoing stake in ETH suggests a firm belief in the altcoin, positioning Ethereum as one of their “largest wagers” within the fluctuating digital currency market.
Arkham, a market analysis company, indicates that World Freedom Finance’s complete digital asset portfolio surpasses $428 million, with the majority allocated to ETH ($225 million), then Wrapped Bitcoin ($68 million), and staked Ethereum approaching $66 million.
Ethereum has witnessed a slight 4.6% price increase in the past day, momentarily reaching $3,420 on prominent platforms. Nevertheless, in spite of these substantial buys, ETH’s value stays persistently under the $4,000 threshold, a point it has not reliably maintained since a decrease in mid-December 2024.
Currently, the market is observing possible triggers such as the predicted entries from spot Ethereum ETFs, which might be the impetus ETH requires to ultimately overcome resistance barriers. TruBit Collaborates with Morpho to Introduce DeFi Unearned Revenue in Latin America
