Trump's World Liberty Financial (WLFI) Purchases $4.7 Million in Bitcoin (BTC) Right After Inauguration
JH Kim
Summary
- It was reported that the DeFi protocol WLFI, led by the Trump family, purchased $4.7 million worth of Bitcoin (BTC) right after President Trump's inauguration.
- This information was officially confirmed by the blockchain data analysis firm Arkham.
- Such a large-scale Bitcoin purchase suggests the need to pay attention to WLFI's investment strategy.
Blockchain data analysis firm Arkham (ARKM) reported on the 20th (local time) via their official X (formerly Twitter) that "as soon as Donald Trump was inaugurated as the 47th President of the United States, an address suspected to be led by the Trump family in the DeFi protocol World Liberty Financial (WLFI) purchased $4.7 million worth of Bitcoin (BTC)."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
