World Liberty Financial (WLFI), the investment firm linked to former U.S. President Donald Trump, has made headlines with its latest cryptocurrency acquisition. On January 28, the firm executed a Time-Weighted Average Price (TWAP) strategy to purchase $4.7 million worth of MOVE tokens. This marks WLFI’s growing interest in diversifying its portfolio despite recent setbacks in Trump’s crypto holdings.
Donald Trump’s WLFI Makes Major Crypto Purchase
Currently, WLFI’s asset portfolio boasts significant allocations in Ethereum (ETH) and Wrapped Bitcoin (WBTC), valued at $188 million and $66 million, respectively. The firm also holds $61 million in staked ETH (stETH), $37 million in USDC, and smaller stakes in assets like Tron (TRX), Chainlink (LINK), and Aave (AAVE). With MOVE now added to the mix, WLFI’s strategic pivot indicates a calculated attempt to stabilize its holdings amid volatile market conditions.
ALERT: WORLD LIBERTY FI TWAP BUYING $4.7 MILLION MOVE
CURRENT ASSET HOLDINGS:
$188M ETH
$66M WBTC
$61M STETH
$37M USDC
$11M USDT
$10M TRX
$6M LINK
$6M AAVE
$4M ENA pic.twitter.com/1atDAFvs0X
— Arkham (@arkham) January 28, 2025
This move comes at a turbulent time for Trump’s crypto empire. Over the past week, the official Trump memecoin, launched on January 17, has seen a dramatic decline of over 64% from its all-time high recorded three days after launch. The memecoin, which briefly elevated Trump’s crypto wealth to $55 billion, has since caused a staggering $30 billion loss, leaving his net crypto fortune at $20 billion.
Despite the challenges, WLFI’s acquisition of MOVE tokens signals confidence in the asset’s long-term potential. MOVE, known for its utility in decentralized finance (DeFi), has gained traction as a promising asset within the blockchain space.
Also Read: Donald Trump’s WLFI Buys More Ethereum, Holding Hits $240M
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