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Donald-Trump-Acquires-$54,200,000-Worth-Of-Ethereum,-Chainlink,-Ethena-And-More-Hours-Before-Inauguration
LahbabiGuide > News > Altcoin News > Donald Trump Acquires $54,200,000 Worth of Ethereum, Chainlink, Ethena and More Hours Before Inauguration
Altcoin News

Donald Trump Acquires $54,200,000 Worth of Ethereum, Chainlink, Ethena and More Hours Before Inauguration

Last updated: January 22, 2025 2:33 am
Altcoin News 213 Views
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The team behind President Donald Trump’s crypto operations is on an aggressive accumulation spree of crypto assets before and during the 2025 inauguration ceremony.

According to blockchain intelligence and “de-anonymizing” platform Arkham, World Liberty Financial (WLFI) – the Trump family’s crypto project – bought over $50 million worth of cryptocurrencies in the hours leading up to the new President being sworn in.

Trump’s purchases include blockchain oracle service Chainlink (LINK), lending platform Aave, Justin Sun’s TRON (TRX), synthetic dollar protocol Ethena (ENA), top smart contract Ethereum (ETH) and the Ethereum-based Bitcoin Wrapped BTC (WBTC).

“TRUMP’S WORLD LIBERTY FI BUYING $50M+ OF CRYPTO RIGHT NOW

In the past hour or so, Donald Trump’s project World Liberty Fi has purchased:

$4.7M of LINK

$4.7M of AAVE

$4.7M of TRX

$4.7M of ENA

3x $4.7M of WBTC

4x $4.7M of ETH

How much more will they buy?”

Image
Source: Arkham/X

And during the precise moments that Trump was being sworn in by Justice Brett Kavanaugh, Arkham reported that World Liberty Financial purchased $4.69 million worth of WBTC.

“DONALD TRUMP IS NOW 47TH PRESIDENT OF THE UNITED STATES

THE INSTANT HE WAS SWORN IN, TRUMP’S PROJECT WORLD LIBERTY FI BOUGHT $4.7 MILLION USD OF BITCOIN”

At time of writing, according to Arkham’s data, World Liberty Financial holds $329 million worth of crypto assets. At the same time, Donald Trump’s personal wallet is holding about $9.6 million worth of crypto, and his official memecoin TRUMP has a fully diluted valuation (FDV) of over $44 billion, 80% of which is controlled by his team’s wallets.

First Lady Melania Trump also launched her own memecoin which is valued at over $6 billion.

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