Eric Trump Signals Ethereum Optimism as World Liberty Finance Makes Bold Moves

Eric Trump took to Twitter today to voice his confidence in Ethereum, calling it a prime buying opportunity. His original tweet—"In my opinion, it's a great time to add $ETH. You can thank me later"—was later edited to remove the last phrase, but the message remained clear: the former president's son is bullish on ETH.

Meanwhile, blockchain analytics reveal that World Liberty Finance has aggressively expanded its Ethereum holdings, acquiring 86,000 ETH within a seven-hour window. Their total crypto portfolio now stands at $421 million, with Ethereum making up 65% of their assets. Nansen data shows that the firm’s wallet previously contained $218 million in ETH and $60 million in Lido Staked ETH. However, Arkham Intelligence data indicates that a portion of their ETH and SETH has been transferred to Coinbase, CoW Protocol, Lido, and Gnosis. While such movements often suggest an intent to sell, the combination of recent acquisitions and Eric Trump's endorsement suggests a long-term bullish stance.

Updated Nansen figures show a sharp decline in World Liberty’s Ethereum holdings, now sitting at $47 million in ETH and just over $5 million in STETH. This comes after their substantial $48 million Ethereum purchase last month at an average price of $3,300.

The Trump family’s increasing presence in the crypto world continues to draw attention, with their involvement in DeFi projects like World Liberty Finance and the launch of multiple meme coins. Whether this latest ETH accumulation signals a broader strategic play remains to be seen.