Trump-linked World Liberty Financial buys over 3,400 ETH for $13 million, onchain data shows
World Liberty Financial, a crypto project linked to U.S. President Donald Trump, spent millions to acquire more Ethereum on Tuesday as the cryptocurrency sees surging institutional demand.Citing Arkham Intelligence data, onchain researcher Lookonchain reported that World Liberty added 3,473 ETH at an average price of $3,743 across several wallets during Tuesday evening. It then staked the newly acquired ether on Aave, according to Arkham data.The project currently owns roughly 73,616 ETH, worth about $275.9 million at current market prices, according to Lookonchain.World Liberty's move comes amid rising institutional demand for ether. On Tuesday, spot Ethereum exchange-traded funds recorded $533.9 million in net inflows, while spot bitcoin ETFs saw a net outflow of $67.9 million, according to SoSoValue data.The Block's price page shows that ether remained flat in the past 24 hours at $3,729. However, the second-largest cryptocurrency rose 20% in the past week and 67.1% in the past 30 days.Meanwhile, World Liberty is preparing for the upcoming unlock of its WLFI token. The team said last week that it is aiming to have WLFI to officially begin trading within the next two months. "We're targeting 6 to 8 weeks for the full awakening — strategic alignments (alliances, grand stages, smart unlocks) take time to realize full potential," the project said last week.Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.