Etena (ENA) Surges 14% on Massive Buy from World Liberty Finance

Doohyun Hwang

Summary

World Liberty Finance (WLFI) reportedly surged Etena (ENA) by 14% through a massive purchase.
WLFI announced that it purchased 500,955 Etena for 500,013 USDC.
The total value of WLFI's virtual assets is reported to be $72.31 million.

It has been reported that 'World Liberty Finance (WLFI)', a decentralized finance (DeFi) project operated by the family of U.S. President-elect Donald Trump, has made a massive purchase of Etena (ENA).

According to data from Arkham Intelligence on the 14th (local time), WLFI purchased 500,955 Etena through Cow Protocol for 500,013 USD Coin (USDC).

Meanwhile, this altcoin buying spree by WLFI is leading to a rise in the coin's value. Etena is trading at $1.14 on the Binance Tether (USDT) market, up about 14% from the previous day.

Currently, WLFI holds 14,678 Ethereum (ETH), 102.9 Coinbase Wrapped Bitcoin (cbBTC), 78,387 Chainlink (LINK), and 5,886 Aave (AAVE). The total value of its virtual assets amounts to approximately $72.31 million.