- ETH/BTC ratio at 0.03124 showed an institutional preference shift as World Liberty’s ETH holdings reached the $140M mark.
- Justin Sun’s WLFI position hits 3B tokens after a $45M total investment.
The Trump-backed World Liberty project has made headlines yet again with a massive Ethereum[ETH] acquisition, spending $48 million USDC to purchase 14,403 ETH at an average price of $3,333 in the past 12 hours.
According to Arkham Intelligence, this latest buy brings World Liberty’s total Ethereum holdings to 41,269 ETH, valued at over $140 million.
With Ethereum recently strengthening against Bitcoin, could this accumulation signal a strategic shift in market sentiment?
Justin Sun’s WLFI investments
World Liberty’s aggressive ETH purchases have not gone unnoticed. The project’s $48 million purchase in just 12 hours highlights its bullish stance on ETH’s potential.
Ethereum’s price chart shows a strong recovery, with ETH trading at $3,383 during the last session, up 5.42%. This price level aligns with World Liberty’s purchase price of $3,333, indicating the project’s confidence in ETH’s upward trajectory.
Adding to the intrigue, Justin Sun, founder of TRON, has been heavily involved with World Liberty. Sun recently spent $15 million USDT to acquire 1 billion WLFI tokens, bringing his total holdings to over three billion WLFI.
This follows his earlier $30 million investment in the token, cementing his commitment to the Trump-backed project. Sun’s involvement raises questions about how WLFI might be leveraging Ethereum for liquidity or staking purposes.
