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World Liberty Financial bought another 759 ETH as cryptocurrency rates fell

World Liberty Financial bought another 759 ETH as cryptocurrency rates fell

HappyCoinNewsHappyCoinNews2024/12/21 21:33
By:HappyCoinNews

Data from analytics platform Arkham Intelligence shows that the Donald Trump-backed crypto project has doubled its Ethereum -balance, taking advantage of the asset's fall. World Liberty Financial spent $2,5 million in USDC stablecoins to buy 759,36 ETH.

According to Arkham data, the transaction was completed via the Cow Protocol trading platform at an average price of $3651 per ETH.

World Liberty Financial bought another 759 ETH as cryptocurrency rates fell image 0

Last day эфириум fell by more than 6,34%, falling to $3100. However, the leading Altcoyin recovered slightly and was trading at $3419 at the time of writing. Bitcoin's price has fallen more than 2,35% over the same period to $96,966, dipping below $93,000 at one point.

Due to the downturn in the cryptocurrency market, digital assets belonging to World Liberty Financial have also fallen significantly in price. According to the Lookonchain platform, the total loss of the Donald Trump family project has reached $6,15 million. Its ETH assets suffered the most, with a loss of $4,86 million.

World Liberty Financial currently holds approximately 16 ETH, worth nearly $400 million. In total, the project's crypto assets are worth more than $53,73 million, according to Arkham data.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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