In a move that could only be described as a financial frolic, the illustrious Donald Trump has thrown his considerable weight behind a DeFi project known as World Liberty Fi. This merry band of crypto enthusiasts has just splashed out a staggering $25 million on a veritable cornucopia of digital coins, including WBTC, ETH, and MOVE, all in anticipation of a crypto summit at the White House this Friday. One can only imagine the excitement in the air—like a cat in a room full of rocking chairs! 🐱
According to the ever-watchful onchain analytics platform, Arkham Intelligence, our dear friends at World Liberty Fi have sent a cool $25 million in USDC to a separate contract, which promptly went on a shopping spree, acquiring $10 million worth of ETH, another $10 million in WBTC (that’s Wrapped Bitcoin for the uninitiated), and a cheeky $1.5 million in MOVE tokens. It’s like watching a toddler in a candy store, really! 🍬
ARKHAM ALERT: DONALD TRUMP’S PROJECT BUYING $25M OF $WBTC, $ETH and $MOVE
Donald Trump’s project, World Liberty Fi’s wallet just sent $25M USDC to a separate contract which purchased $10M ETH, $10M WBTC and $1.5M MOVE.
The contract then returned the assets to WLF’s main wallet.
— Arkham (@arkham) March 5, 2025
As the clock ticks down to the grand summit, where President Trump is expected to unveil his Bitcoin reserves and other policies that will surely have crypto investors dancing in the streets, one can’t help but wonder if he’ll also announce a new line of Trump-branded cryptocurrencies. Perhaps “TrumpCoin” will be the next big thing? 🤔
World Liberty Fi, a DeFi-focused investment project backed by the Trump family, has been on quite the spending spree since its inception. Since their first foray into the crypto world on September 21, they’ve invested over $336 million in various digital assets over the past six months. Their portfolio, currently valued at a modest $79.8 million (according to Arkham data), is primarily nestled safely on Coinbase Prime, like a squirrel hoarding acorns for winter. 🐿️
Their eclectic collection of tokens includes a delightful mix of ETH, WBTC, TRX, LINK, AAVE, ENA, MOVE, ONDO, and SEI. It’s a veritable smorgasbord of digital delights! Who knew investing could be so much fun? 🎉
Read More
- Pop-Tarts and Krispy Kreme Kick Off 2025 With Collaborative Menu
- Nadaaniyan song Galatfehmi OUT: Ibrahim Ali Khan, Khushi Kapoor’s heartbreaking separation in love will leave you emotional
- The First Trailer for The Weeknd’s ‘Hurry Up Tomorrow’ Film Is Here
- Cookie Run Kingdom Town Square Vault password
- Alec Baldwin’s TLC Reality Show Got A Release Date And There’s At Least One Reason I’ll Definitely Be Checking This One Out
- Ryan Gosling’s Star Wars Movie Here’s Everything We Know
- JJJJound’s Made in Germany adidas Superstars Drop This Week
- Dead Man’s Mail treasure map solution in Avowed
- ‘The Last of Us’ Gets Season 2 Premiere Date
- Mugler Creative Director Casey Cadwallader Reportedly Stepping Down
2025-03-06 09:42