World Liberty Financial Boosts Ethereum Holdings Amid Crypto Market Dip 

• World Liberty Financial acquired 1,481 Ethereum worth $5 million, raising its holdings to 16,362 ETH.
• The project diversified into altcoins with 231,726 Ethena tokens and stablecoins like USDC and USDT.
• Total cryptocurrency holdings now stand at $75.32 million, reflecting losses but maintaining strong DeFi investments.

World Liberty Financial (WLFI), a decentralized finance project associated with President-elect Donald Trump, recently purchased 1,481 Ethereum (ETH). The acquisition, valued at $5 million and paid for with USD Coin (USDC), brings its total ETH holdings to 16,362.

Ethereum Purchases Continue During Declines

WLFI has continued buying Ethereum throughout December by capitalizing on market dips and spending strategically to build its portfolio. On December 18, the project acquired 759 ETH at an average price of $3,651 for $2.5 million.

Its total Ethereum purchases have now reached $35 million, although the market downturn has reduced the portfolio’s value significantly. Ethereum’s recent drop to $3,100 further impacted WLFI’s investments, leaving the project with a reported $3.4 million in losses.

However, WLFI’s consistent buying suggests confidence in Ethereum’s long-term potential as its total ETH portfolio is now valued at $54.62 million.

Diversifying Into Altcoins and Stablecoins

WLFI has also diversified into altcoins to strengthen its position in the DeFi market and balance its risk. Recently, the project purchased 231,726 Ethena (ENA) tokens for $250,000 through the Cow Protocol.

This move followed Ethena Labs’ announcement of a partnership to integrate sUSDe, a synthetic stablecoin, as a collateral option. WLFI now holds 741,687 ENA valued at $716,206, although the token’s price drop to $0.97 has reduced its worth.

In addition to Ethereum and ENA, WLFI also holds 134,216 ONDO tokens valued at $232,192 along with reserves in USDC and USDT. These investments reflect WLFI’s strategy to diversify its assets across different cryptocurrencies and stablecoins.

Challenges Amid Market Slump

The cryptocurrency market’s recent downturn has impacted WLFI’s portfolio as Bitcoin’s decline below $93,000 triggered widespread losses. This downturn affected Ethereum and other altcoins, reducing the project’s total crypto holdings to $75.32 million.

Reports from Lookonchain indicate that WLFI incurred $6.15 million in total losses, with $4.86 million tied to Ethereum alone. Despite these challenges, WLFI’s continued acquisitions raise the question of whether its long-term strategy will succeed in a recovering market.

Currently, the project’s diversified holdings are valued at $73.9 million, highlighting its resilience and belief in the potential of decentralized finance.