World Liberty Financial (WLF) Makes Major Ethereum Acquisition, Hints at Future Developments

World Liberty Financial (WLF) has made a major Ethereum acquisition, spending $20 million USDC to secure 6,041 ETH at $3,311 each during an eight-hour spree on Sunday.

World Liberty Financial (WLF) went on an eight-hour Ethereum purchasing spree on Sunday, spending a total of $20 million USDC to acquire 6,041 ETH at an average price of $3,311 each.

The platform also purchased 14,403 ETH at an average price of $3,300, bringing its total holdings to 28,612 ETH, valued at $109 million.

Eric Trump hinted at further developments, posting on X, “Wait until you see what they do tomorrow,” and tagging the project's account. However, the details of the anticipated move remain unclear.

Efforts to contact WLF for clarification have not yet yielded a response.

Wait until you see what they do tomorrow! 🚀🚀 @worldlibertyfi

The Ethereum purchase signals a strategic market move by WLF.

The Ethereum accumulation follows a statement by WLF last week, indicating the transfer of $60 million in assets for routine treasury management. This includes paying fees, expenses, working capital needs, and addressing social media speculation about its trading activities.

The explanation highlights WLF's structured approach to its financial operations.

Meanwhile, WLF has garnered attention due to its alignment with Trump's crypto initiatives. Over the weekend, Trump-linked meme coins on Solana, including the official TRUMP token, created a trading frenzy, generating substantial volumes and intrigue within the crypto community.

The TRUMP token, endorsed by Donald Trump's social media, emerged as an official Solana-based meme coin. Degen traders propelled the token's trading volume into the hundreds of millions.

According to Min Jung of Presto Research, the activity is reminiscent of a fund preparing for a significant platform upgrade or market event, hinting at a broader strategy behind WLF's Ethereum purchase, which coincides with the wider Trump-related crypto activity.

Among the Solana-based Trump family meme coins, the TRUMP token is the only Solana meme coin to receive direct endorsement from Donald Trump's social media accounts, while his son, Eric Trump, has promoted the TRUMP token on X.

Solana saw a surge in meme coin activity over the weekend, with several tokens, including $Trump, $DonSol, $MAGA, and $NFTbo experiencing significant price movements. Among them, $Trump emerged as the clear frontrunner, attracting substantial attention and sparking discussions about its staying power and potential impact on the Solana ecosystem.

As analyzed by Presto Research's Min Jung, the activity is suggestive of a fund preparing for a large platform upgrade or market event, hinting at a broader strategy behind WLF's Ethereum purchase, which coincides with the wider Trump-related crypto activity.

Following the Ethereum purchase, WLF also revealed that it had sold 20% of its token supply and opened an additional 5% due to high demand.

Solana (SOL) Price Surges 10% as Trump-Linked Meme Coins Take Over Solana (SOL) Price Surges 10% as Trump-Linked Meme Coins Take Over

Adding to the momentum, a Solana-based meme coin tied to Melania Trump launched Sunday afternoon. Dubbed Melania, the token saw an extraordinary surge of over 12,000% within 24 hours, reaching $6.70.

The launch gained visibility through social media posts by Melania Trump and retweets by Donald Trump, amplifying the token's reach among crypto enthusiasts and the broader public.

The Melania Meme token's distribution model reserves 35% for team vesting with a 13-month release schedule. Donald Trump Jr. expressed pride in the family's achievements in crypto, tagging WLF and the TRUMP token, highlighting the family's growing influence in the digital asset space.

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! 🚀

Total holdings, tracked through Arkham Intelligence, show that WLF's assets, including ETH, USDC, and USDT, have increased from $187 million to $235 million.

As the Trump family's crypto ventures continue to unfold, WLF remains at the center of speculation and intrigue.