- Trump’s ETH accumulation in full swing with latest ETH purchase.
- World Liberty Finance just swapped $5 million USDC to 1,555 ETH.
- The entity now holds a total of $32 million of Ethereum (ETH).
As Bitcoin pumps to the $97,000 and recovery back to 6-digit prices comes into play, analysts believe BTC might be making its way up to set a new ATH. Similar expectations extend to altcoins and especially Ethereum (ETH). The pioneer altcoin asset is expected to set a new ATH soon and Trump’s ETH accumulation is in full swing.
Trump’s ETH Accumulation in Full Swing
The crypto market is in a bull market and there have never been 5 weeks of red in a row, this leads analysts to believe that the coming week has to be a bullish week as BTC nears the end of its fourth red week in a low. This pump will ultimately bode well for Ethereum (ETH) and other capable altcoins as well.
In particular, all eyes are on ETH as Ethereum is expected to lead the upcoming peak altseason phase, and Trump and World Liberty Finance seem to be thinking along the same lines. As we can see from the post above, Trump has just bought $5,000,000 worth of Ethereum and the post wonders if they know something that isn’t clear to the public yet.
World Liberty Finance Holds $32 Million in Total ETH
Ultimately, this is a bullish sign for ETH holders who have been waiting all cycle to see ETH pump into a new ATH. Furthermore, the challenges Solana is facing led to more using back to the Ethereum blockchain. Meanwhile, World Liberty Finance is buying more ETH, with its latest 1,555 ETH purchase, the entity holds 10,720 ETH amounting to $32 million.