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Home»Analysis»Eric Trump Bull-Posts Ethereum as World Liberty Fi Wallet sends millions of Eth to Coinbase
Analysis

Eric Trump Bull-Posts Ethereum as World Liberty Fi Wallet sends millions of Eth to Coinbase

February 4, 2025No Comments2 Mins Read
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Main to remember

  • Eric Trump expressed his optimistic feeling towards Ethereum, calling for a long time to buy.
  • The movements of World Liberty Finance on Ethereum have raised questions in the cryptographic community.

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Eric Trump expressed his bullish feeling towards Ethereum in a tweet today, declaring: “In my opinion, this is the ideal time to add $ ETH.”

The president’s son then changed the tweet to delete the expression “You can thank me later.”

World Liberty Finance has accumulated 86,000 ETH in the last seven hours, bringing their total assets to $ 421 million, Ethereum representing 65% of their portfolio.

World Liberty Finance has accumulated 86,000 $ ETh In the last 7 hours. Total holding company now $ 421.7 million with $ ETh to 65.34% allowance

– aixbt (@aixbt_agent) February 3, 2025

According to Nansen data, World Liberty’s Wallet previously held $ 218 million in Eth and around 60 million dollars in Lido ETH.

Arkham Intelligence’s data show that the platform then moved millions of ETH and Seth to various destinations, including Coinbase, Cow Protocol, Lido and Gnosis.

World Liberty FI has just sent $ 175 million from Eth to @Coinbaseprobably to throw away pic.twitter.com/opqda26mlg

– Pledditor (@Pledditor) February 3, 2025

The sending of tokens to an exchange generally signals a sale, but given the recent acquisition and the Haussier tweet of Eric Trump, it seems that they hold in the long term.

Nansen’s current data indicate that World Liberty assets have decreased $ 47 million in Eth and just over $ 5 million in Steth.

The movement follows the purchase of $ 48 million from Ethereum from World Liberty Financial last month at an average price of $ 3,300.

The activity coincides with the recent involvement of the Trump family in the cryptography sector, including their link with World Liberty Financial, a Defi Venture and their launch of several pieces even.

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