Trump Family's 'World Liberty' Purchases $5 Million Worth of Ethereum

Source
JOON HYOUNG LEE

Summary

  • It was reported that Trump's World Liberty Financial purchased 1,917 Ethereum, valued at approximately $5 million.
  • This purchase was made using USDC, with the total acquisition amounting to 7.3 billion KRW.
  • Additionally, World Liberty Financial reportedly acquired more Movement tokens.

World Liberty Financial (WLFI), associated with Donald Trump, has reportedly acquired an additional $5 million worth of Ethereum (ETH).

According to the on-chain data analysis X account OnchainLens on the 12th, World Liberty Financial purchased 1,917 Ethereum. The acquisition, valued at $5 million (approximately 7.3 billion KRW), was made entirely using USDC.

World Liberty Financial also acquired approximately $470,000 worth of Movement (MOVE). The total amount of Movement held by World Liberty Financial is 1.63 million.

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JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist based in Seoul
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