tl;dr
World Liberty Finance has significantly increased its ETH holdings, rising 180% in a few days to over 7,000 ETH worth $16.2 million. The project also purchased $10 million in ETH, $10 million in wrapped Bitcoin (WBTC), and $1.5 million in MOVE token. However, the overall value of the nine tokens pur...
World Liberty Finance has doubled its ETH holdings in a week, now holding 7,094 ETH worth $16.2 million. The company also purchased $10 million in ETH, $10 million in wrapped Bitcoin (WBTC), and $1.5 million in MOVE token. Overall, the project incurred an $89 million loss due to Trump's trade tariffs impacting crypto markets. Additionally, World Liberty's holdings include 40 million TRX worth $10 million, 10 billion WHITE worth $3.4 million, and other tokens. Ethereum holds 52.6% DeFi market share, while Solana's share has increased to 8.4%. ETH price increased by 6% to reclaim $2,300, after falling to a 16-month low earlier in the week. According to Arkham Intelligence data, World Liberty Finance has significantly increased its ETH holdings, rising 180% in a few days to over 7,000 ETH worth $16.2 million. Ethereum is World Liberty’s largest holding, with 7,094 ETH worth around $16.2 million.
On March 6, World Liberty Financial sent $25 million in USDC to purchase $10 million in ETH, $10M in wrapped Bitcoin (WBTC), and $1.5 million in MOVE. MOVE is the token of the Movement Network, a venture capital-backed blockchain programming language that facilitates EVM compatibility. However, the nine tokens purchased by World Liberty are currently in a total loss of $89 million, partly due to the impact of Trump’s trade tariffs on crypto markets. In addition to ETH and WBTC, World Liberty also holds 40 million Tron (TRX) tokens worth $10 million, 10 billion WhiteRock (WHITE) worth $3.4 million, and other tokens. Ethereum holds 52.6% market share of total value locked, according to DeFiLlama. Solana has seen its share increase to 8.4% with a TVL of $9 billion.
ETH has gained just over 6% to reclaim $2,300 during Asian trading on Thursday after falling to a 16-month low earlier in the week. However, it remains down 16% over the past fortnight.