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.