Eric Trump Teases Upcoming Move Amid Ethereum Purchases

Eric Trump, the third child of President-elect Donald Trump, teases an upcoming pivotal move from World Liberty Financial amid the project's Ethereum purchases.

Eric Trump, the third child of President-elect Donald Trump, teases an upcoming pivotal move from World Liberty Financial amid the project’s Ethereum purchases.

The recent tease came on the back of a disclosure from on-chain surveillance form Lookonchain, which confirmed that the Donald Trump-inspired World Liberty Financial (WLFI) project had purchased millions of dollars’ worth of Ethereum a day before the President-elect’s inauguration.

Eric Trump Teases Upcoming Move Amid Ethereum Purchases

According to Lookonchain, WLFI procured 6,041 ETH tokens with $20 million in USDC, at an average price of $3,311 per Ethereum. On-chain data confirms that the purchase occurred across multiple transactions over a 30-minute timeframe.

This was one of several batches of Ethereum purchases carried out by World Liberty Financial yesterday. In total, the crypto project dispensed up to $48 million to buy Ethereum over 12 hours. This builds on the project’s persistent crypto purchases in the past few days.

Meanwhile, in response to Lookonchain’s disclosure, Eric Trump suggested that the World Liberty Financial product still had some tricks up their sleeves. “Wait until you see what they do tomorrow,” the President-elect’s son and businessman said on X, brandishing rocket emojis. Recall that Eric is one of the project’s co-founders.

Wait until you see what they do tomorrow! 🚀🚀 @worldlibertyfi https://t.co/v8eRDFImHo

— Eric Trump (@EricTrump) January 20, 2025

WLFI Completes 20% Supply Presale

Interestingly, shortly after Eric’s disclosure, World Liberty Financial announced they had completed their initial mission of selling 20% of the project’s native token supply. This rapid spike in interest comes on the eve of Donald Trump’s inauguration, amid the President-elect’s crypto ball.

pic.twitter.com/pUlNZSEFWi

— WLFI (@worldlibertyfi) January 20, 2025

The project’s token sale saw low interest upon launch but appears to be capturing more attention over the past few days. The World Liberty Financial team confirmed that following the 20% supply sale, they are opening up an opportunity for public investors to grab an additional 5% of the supply due to “massive demand.”

Reports confirm that TRON founder Justin Sun has contributed to this massive demand, having recently invested an additional $45 million in the project. Recall that Sun invested $30 million in November 2024, a day before he became the project’s advisor. The latest move brings his total investment to $75 million.

We @trondao are continuing to increase our investment in World Liberty Financial, with an additional $45 million, bringing the total investment to $75 million. @worldlibertyfi @EricTrump @DonaldJTrumpJr @realDonaldTrump

— H.E. Justin Sun 🍌 (@justinsuntron) January 20, 2025

It remains uncertain whether this development was the event hinted at by Eric Trump or if the WLFI project has another forthcoming announcement to make.

Amid the ruckus, Donald Trump Jr., the President-elect’s eldest child, called attention to their accomplishments in the crypto scene.

We are all extremely proud of what we continue to accomplish in crypto. $Trump is currently the hottest digital meme on earth and I truly believe that @WorldLibertyFi will revolutionize DeFi/Cefi and will be the future of finance. We are just getting started! 🚀

— Donald Trump Jr. (@DonaldJTrumpJr) January 19, 2025

He asserted that OFFICIAL TRUMP (TRUMP), the latest meme coin inspired by Donald Trump, was now the “hottest digital meme on earth.” In addition, Trump Jr. expressed his belief that WLFI could become the future of finance by revolutionizing the DeFi and CeFi scenes. “We are just getting started,” he noted.

The latest development surrounding WLFI comes amid the row triggered by meme coin launches inspired by America’s first couple. Notably, a meme coin inspired by Trump launched two days before his inauguration and another inspired by his wife Melania Trump launched a day later. Both tokens have skyrocketed in price.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.