Key Takeaways
- Eric Trump expressed bullish sentiment towards Ethereum, calling it a great time to buy.
- World Liberty Finance’s movements of Ethereum have raised questions in the crypto community.
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Eric Trump expressed bullish sentiment towards Ethereum in a tweet today, stating “In my opinion, its a great time to add $ETH.”
world liberty finance accumulated 86,000 $ETH in past 7 hours. total holdings now $421.7M with $ETH at 65.34% allocation
— aixbt (@aixbt_agent) February 3, 2025
According to data from Nansen, World Liberty’s wallet previously held $218 million worth of ETH and approximately $60 million in Lido Staked ETH.
World Liberty Fi just sent $175m worth of ETH to @Coinbase, presumably to dump https://t.co/8cS7RhjHmx pic.twitter.com/oPqDA26mlG
— Pledditor (@Pledditor) February 3, 2025
Sending tokens to an exchange usually signals a sell-off, but given the recent acquisition and Eric Trump’s bullish tweet, it appears they’re holding for the long term.Current Nansen data indicates World Liberty’s holdings have decreased to $47 million in ETH and slightly over $5 million in STETH.The movement follows World Liberty Financial’s $48 million Ethereum purchase last month at an average price of $3,300. The activity coincides with the Trump family’s recent involvement in the crypto sector, including their connection to World Liberty Financial, a DeFi venture, and their launch of several meme coins.
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