
{"id":50005,"date":"2025-03-06T08:22:59","date_gmt":"2025-03-06T08:22:59","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=50005"},"modified":"2025-03-06T08:22:59","modified_gmt":"2025-03-06T08:22:59","slug":"eth-holdings-of-trump-backed-defi-project-world-liberty-finance-soar","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=50005","title":{"rendered":"ETH Holdings of Trump-Backed DeFi Project World Liberty Finance Soar"},"content":{"rendered":"<p>World Liberty Finance has more than doubled its ETH holdings in a week, according to Arkham Intelligence data.\u00a0The analytics platform reports that the project\u2019s ETH holdings have surged 180% over the past couple of days, from around 2,200 ETH on Monday to more than 7,000 by Thursday.<\/p>\n<p>Arkham currently <a href=\"https:\/\/intel.arkm.com\/explorer\/entity\/worldlibertyfi\" target=\"_blank\" rel=\"noopener\">reports<\/a> that Ethereum is World Liberty\u2019s largest holding, with 7,094 ETH worth around $16.2 million.<\/p>\n<p>TRUMP FAMILY\u2019S CRYPTO PROJECT WORLD LIBERTY FINANCIAL IS STACKING <a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">$ETH<\/a>!!<\/p>\n<p>THEY NEARLY DOUBLED THEIR ETH HOLDINGS LAST WEEK! <a href=\"https:\/\/t.co\/MazaOdRtjc\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/MazaOdRtjc<\/a><\/p>\n<p>\u2014 Kyle Chass\u00e9 \/ DD (@kyle_chasse) <a href=\"https:\/\/twitter.com\/kyle_chasse\/status\/1897349970766025167?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">March 5, 2025<\/a><\/p>\n\n<h2>World Liberty Holdings in Red<\/h2>\n<p>On March 6, Arkham alerted users that World Liberty Financial had just sent $25 million in USDC to a separate contract, which purchased $10 million in ETH, $10M in wrapped Bitcoin (WBTC), and $1.5 million in a token called MOVE.<\/p>\n<p>ARKHAM ALERT: DONALD TRUMP\u2019S PROJECT BUYING $25M OF <a href=\"https:\/\/twitter.com\/search?q=%24WBTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">$WBTC<\/a>, <a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">$ETH<\/a> and <a href=\"https:\/\/twitter.com\/search?q=%24MOVE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">$MOVE<\/a><\/p>\n<p>Donald Trump\u2019s project, World Liberty Fi\u2019s wallet just sent $25M USDC to a separate contract which purchased $10M ETH, $10M WBTC and $1.5M MOVE.<\/p>\n<p>The contract then returned the assets to WLF\u2019s main wallet. <a href=\"https:\/\/t.co\/Q1kDCx6rKv\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/Q1kDCx6rKv<\/a><\/p>\n<p>\u2014 Arkham (@arkham) <a href=\"https:\/\/twitter.com\/arkham\/status\/1897408933226250595?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">March 5, 2025<\/a><\/p>\n\n<p>MOVE is the native token of the Movement Network, a venture capital-backed blockchain programming language that facilitates EVM (Ethereum Virtual Machine) compatibility.\u00a0The token skyrocketed 26% over the past few hours as the Trump DeFi platform loaded up.<\/p>\n<p>However, the nine tokens purchased by World Liberty are currently in a <a href=\"https:\/\/cryptopotato.com\/world-liberty-financial-loses-51-7m-in-crypto-amid-trumps-tariff-impact\/\">total loss<\/a> of $89 million, <a href=\"https:\/\/x.com\/lookonchain\/status\/1897462956021137889\" target=\"_blank\" rel=\"noopener\">reported<\/a> Lookonchain on March 6. Much of this is due to the impact Trump\u2019s trade tariffs have had on crypto markets.<\/p>\n<p>In addition to ETH, WBTC, and USDT, World Liberty also holds 40 million <a href=\"https:\/\/cryptopotato.com\/justin-sun-raises-stake-in-world-liberty-financial-to-75m\/\">Tron<\/a> (TRX) tokens worth $10 million, 10 billion WhiteRock (WHITE) worth $3.4 million, and a handful of more obscure tokens such as ONDO, COLLE, GROK, and HOPPY.<\/p>\n<p>Ethereum remains the industry standard for DeFi, with a 52.6% market share of total value locked, <a href=\"https:\/\/defillama.com\/chain\/Ethereum\" target=\"_blank\" rel=\"noopener\">according<\/a> to DeFiLlama.\u00a0It has lost some ground to Solana recently, which has seen its DeFi market share increase to 8.4% with a TVL of $9 billion.<\/p>\n<p>However, Solana took a massive hit recently as the <a href=\"https:\/\/cryptopotato.com\/solana-price-craters-40-from-january-high-as-meme-coin-bubble-bursts\/\">meme coin bubble burst<\/a> because the network was primarily used to mint and trade the tokens.<\/p>\n<h2>ETH Price Reaction<\/h2>\n<p>ETH has woken up over the past 12 hours, gaining just over 6% to reclaim $2,300 during Asian trading on Thursday.<\/p>\n<p>Nevertheless, the asset fell to a <a href=\"https:\/\/cryptopotato.com\/ethereum-tanks-to-16-month-low-as-analysts-predict-plunge-to-1200\/\">16-month low<\/a> of just over $2,000 earlier this week when analysts warned of a huge collapse in ETH prices if the head and shoulders chart pattern breaks down.<\/p>\n<p>Currently, ETH appears to have bounced off support and is edging higher though it remains down 16% over the past fortnight.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/eth-holdings-of-trump-backed-defi-project-world-liberty-finance-soar\/\">ETH Holdings of Trump-Backed DeFi Project World Liberty Finance Soar<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>World Liberty Finance has more than doubled its ETH holdings in a week, according to Arkham Intelligence data.\u00a0The analytics platform reports that the project\u2019s ETH holdings have surged 180% over the past couple of days, from around 2,200 ETH on Monday to more than 7,000 by Thursday. Arkham currently reports that Ethereum is World Liberty\u2019s [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":50006,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-50005","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/50005"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=50005"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/50005\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/50006"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50005"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50005"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50005"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}