World Liberty Financial Adds 3,473 ETH in $13M Buy
World Liberty Financial completed a $13 million USDC-to-ETH swap, acquiring 3,473 ETH at an average price of $3,272. Its total Ethereum holdings now stand at 73,616 ETH (≈$275 million), with unrealized profits exceeding $33 million. Earlier buys included 1,580 ETH for $3.5 million in May and 3,000 ETH for $10 million last week. The new ETH was deployed on Aave to earn DeFi yield. Ethereum’s price rose 2% to $3,763, logging weekly gains of 20% and monthly gains of 65%. Other major institutions—BlackRock, SharpLink, Bitmine, Nasdaq-listed BTC Digital and the $1.6 billion Ether Machine initiative—are also expanding ETH positions. Large dormant wallets have begun moving assets as prices climb. This wave of institutional investment, coupled with a shift by corporate treasuries from Bitcoin into Ethereum, signals a bullish outlook for Ethereum, likely tightening supply and driving further market momentum.
Bullish
World Liberty Financial’s $13 million ETH acquisition, alongside repeated buys from major institutions, tightens supply and fuels buying pressure. Short-term, this catalyzed a 2% price uptick, reflecting immediate bullish sentiment. Longer-term, sustained corporate and DeFi-driven demand—compounded by treasuries shifting from BTC to ETH and yield strategies on Aave—should further constrain available ETH and support upward trends. Historically, large-scale institutional purchases have driven prolonged rallies, signaling continued bullish momentum.