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Trump's Decentralized Finance project is buying Ethercoin in a big way! The second son hinted, "WLFI will have a big move tomorrow."
World Liberty Financial (WLF), a Decentralized Finance project endorsed by the Trump family, has recently been active in buying Ethercoin (ETH), which coincides with Ethercoin's slight recovery relative to BTC.
According to the on-chain analysis platform Lookonchain, World Liberty Financial purchased a total of 14,403 Ethercoin in batches on January 19th, with a total value of up to 48 million US dollars.
According to Arkham Intelligence, World Liberty Financial currently holds a total of 33,630 Ethercoins, with a total value exceeding 1.07 billion US dollars.
CoinGecko market data shows that Ethercoin has fallen by 1.1% to $3,264.41 in the past 24 hours; meanwhile, the ETH/BTC exchange rate (reflecting Ethercoin's performance relative to BTC) has slightly increased by 0.79% to 0.03197, slightly reversing the previous 6-week decline of 18%.
The substantial purchase of Ethercoin occurred after the launch of the official meme coin 'TRUMP' by Trump, which briefly boosted the native coin SOL of Solana to a record high of 293.31 USD.
However, World Liberty Financial did not publicly explain the reason for the large purchase of Ethercoin. Eric Trump, son of Trump and advisor to the project, reposted the post 'WLFI increases holdings of Ethercoin' on the social media platform X this morning (20), and said, 'Stay tuned for what will happen tomorrow!'. This mysterious hint has attracted market attention.
In addition, Melania Trump, the wife of Trump and the soon-to-be First Lady of the United States, also launched her own meme coin 'MELANIA' on the day before President Trump's inauguration.
However, the launch of MELANIE has brought a significant impact to the official Trump meme coin 'TRUMP'. Within 40 minutes of its launch, the market value of the Trump meme coin evaporated by 5 billion US dollars, and the price plummeted by 38%.
〈Trump Decentralized Finance project buys Ethercoin in a big way! The second son hinted "WLFI has big moves tomorrow"〉This article was first published in "Block Times".