thecryptobasic.com
World Liberty Financial ($WLFI), a cryptocurrency initiative linked to the Trump family, has significantly increased its on-chain activity over the past week.
According to blockchain data, the project has invested millions of dollars into expanding its crypto holdings, including Ethereum ($ETH), Aave ($AAVE), Chainlink ($LINK), Ethena ($ENA), and Ondo ($ONDO).
Strategic Ethereum Investment
World Liberty Financial’s latest acquisition involves 722.213 $ETH for $2.5 million $USDC through Cow Protocol on December 20. Notably, Ethereum remains the largest asset in $WLFI’s portfolio. This latest acquisition, coming amid the market-wide dip, elevated the project’s total $ETH holdings to 15,598 $ETH, now worth $52.98 million.
Meanwhile, a $254.28 drop in Ethereum’s price since the earlier purchase has led to a $3.97 million decline in the value of these holdings.
Other Major Holdings
In addition to Ethereum, $WLFI has actively increased its stakes in other major cryptocurrencies. Last week, it utilized $1 million in $USDC to acquire 3,357 $AAVE tokens at an average price of $297.8 per token. This brings the total $AAVE holdings to 6,137 tokens, valued at $1.93 million as of December 20.
The current price of $AAVE has dropped to $314.25, resulting in a $135,760 decrease in the holding’s value. Similarly, the project expanded its Chainlink holdings by purchasing 41,335 $LINK tokens for $1 million at an average price of $24.2 per token. $WLFI now holds 78,387 $LINK, valued at $1.81 million, following a notable price decline.
Collaboration with Ethena and Acquisitions
In a related move, $WLFI acquired 231,726 Ethena ($ENA) tokens for $250,000 $USDC yesterday, also using Cow Protocol. The transaction came after Ethena Labs announced a partnership with $WLFI to integrate sUSDe, a synthetic stablecoin, as a collateral asset. $WLFI now holds 741,687 $ENA, valued at $716,206, reflecting a $151,580 decrease due to the token’s price drop to $0.97.
Furthermore, the project maintains a diversified portfolio that includes 134,216 $ONDO tokens valued at $232,192, in addition to significant holdings in stablecoins such as $USDC and USDT. The total portfolio value has declined to $75.32 million.