Trump-Backed Crypto Firm Makes $48M Ether Move Amid Market Buzz

In a bold move that’s stirring the crypto waters, Donald Trump-affiliated blockchain venture, World Liberty Financial, has reportedly acquired 14,403 ETH—worth $48 million—within a single day. This spree, executed on January 19, comes as Ether (ETH) shows modest gains in its strength against Bitcoin (BTC).

Building a Staggering ETH Portfolio

The hefty acquisition, reported by Lookonchain on social platform X, has boosted World Liberty’s ETH reserves to 33,630 tokens, now valued at over $107 million. Market analysis by Arkham Intelligence confirms these figures, further spotlighting the firm’s aggressive crypto strategy.

Meanwhile, the ETH/BTC ratio edged up 0.79% to 0.03197 after a six-week decline of 18%. The move aligns with Ether’s recent price movements, fluctuating between $3,134 and $3,440 in the past 24 hours. Despite these fluctuations, ETH closed the day slightly down at $3,230.

A Tease of What’s Next

Adding intrigue, Eric Trump, an advisor to World Liberty Financial, teased an upcoming announcement in a cryptic January 19 post:
"Wait until you see what they do tomorrow."

Speculation is rife over whether the purchases signal a larger initiative tied to the platform or a strategic response to broader market trends.

A Pattern of High-Stakes Moves

This isn’t the first time the Trump family has sent ripples through the crypto market. A recent memecoin launch on Solana (SOL) by Donald Trump saw SOL soar to a record $270. Not to be outdone, Melania Trump’s self-titled memecoin MELANIA debuted spectacularly with a $6 billion market cap within hours, though her husband’s token faced turbulence during the launch.

Ethereum Interest Peaks

Google Trends revealed a notable spike in Ethereum-related searches on January 19, coinciding with the high-profile transactions and signaling renewed public interest in the cryptocurrency.

Whether this latest ETH acquisition is part of a larger strategy or a play for attention, World Liberty Financial continues to demonstrate its influence in the crypto space, with the Trump brand leaving an undeniable mark on blockchain innovation.