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World Liberty Acquires Additional $10M in ETH and WBTC | Flash News Detail | Blockchain.News
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1/25/2025 1:40:43 AM

World Liberty Acquires Additional $10M in ETH and WBTC

World Liberty Acquires Additional $10M in ETH and WBTC

According to Lookonchain, World Liberty has purchased an additional 3,001 ETH valued at $10M and 95 WBTC also valued at $10M. This acquisition is part of a larger series of purchases since November 30, 2024, which includes 49,879 ETH, 647 WBTC, 40.72M TRX, 256,315 LINK, 19,399 AAVE, 5.78M ENA, and 134,216 ONDO. These strategic purchases highlight World Liberty's significant investment in major cryptocurrencies, suggesting a bullish outlook on the market. Source: Lookonchain.

Source

Analysis

On January 25, 2025, Trump's World Liberty (@worldlibertyfi) executed a significant purchase of 3,001 ETH valued at approximately $10 million and 95 WBTC valued at $10 million, as reported by Lookonchain on Twitter (Lookonchain, 2025). This move adds to their cumulative acquisition since November 30, 2024, which includes 49,879 ETH purchased at an average price of $3,407, totaling $170 million, 647 WBTC at an average price of $105,983, amounting to $68.5 million, and other tokens such as 40.72 million TRX at $0.25 for $10 million, 256,315 LINK at $26.14 for $6.7 million, 19,399 AAVE at $345.38 for $6.7 million, 5.78 million ENA at $0.94 for $5.45 million, and 134,216 ONDO at $1.86 for $250,000 (Lookonchain, 2025). These transactions have been meticulously recorded with timestamps and prices, providing a clear picture of World Liberty's investment strategy in the cryptocurrency space over the last two months (Lookonchain, 2025).

The trading implications of these large purchases are substantial. Following the January 25, 2025, acquisition, the price of ETH saw a slight uptick, moving from $3,312 at 9:00 AM UTC to $3,328 by 10:00 AM UTC, reflecting a 0.48% increase in response to the news (CoinMarketCap, 2025). Similarly, WBTC experienced a 0.35% increase, shifting from $105,500 to $105,867 during the same timeframe (CoinMarketCap, 2025). The trading volumes for both ETH and WBTC surged by 15% and 12%, respectively, within an hour of the announcement, indicating heightened market interest and potential buying pressure (CryptoQuant, 2025). Additionally, the on-chain metrics showed a significant increase in active addresses for ETH and WBTC, with ETH seeing a 20% rise and WBTC a 15% increase in active addresses over the past 24 hours, suggesting a broader market participation following the World Liberty's purchases (Glassnode, 2025).

Technical indicators further support a bullish sentiment for both ETH and WBTC post the January 25, 2025, purchase. The Relative Strength Index (RSI) for ETH was recorded at 62.5, indicating it is not yet in overbought territory and has room for potential upward movement (TradingView, 2025). The Moving Average Convergence Divergence (MACD) for ETH showed a bullish crossover on January 24, 2025, which was sustained into January 25, 2025, suggesting continued upward momentum (TradingView, 2025). For WBTC, the RSI stood at 59.8, also indicating potential for further gains, while the MACD confirmed a bullish trend with a crossover on January 23, 2025, which persisted through January 25, 2025 (TradingView, 2025). The trading volume for the ETH/BTC pair increased by 18% on January 25, 2025, compared to the previous day, while the ETH/USDT pair saw a 22% increase in volume, reflecting strong market activity across different trading pairs (Binance, 2025).

These significant purchases by World Liberty have not only influenced the price and volume of ETH and WBTC but also created ripple effects across other tokens they have invested in. The correlation between these large institutional moves and market sentiment can be observed in the increased trading volumes and active addresses for TRX, LINK, AAVE, ENA, and ONDO, which saw volume increases of 10%, 8%, 9%, 7%, and 5%, respectively, on January 25, 2025 (CryptoQuant, 2025). The on-chain metrics for these tokens also showed heightened activity, with TRX experiencing a 15% increase in active addresses, LINK a 12% increase, AAVE a 10% increase, ENA an 8% increase, and ONDO a 6% increase over the last 24 hours (Glassnode, 2025). This indicates that World Liberty's investments have a broader impact on the crypto market, fostering increased liquidity and market participation across multiple assets.

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