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World Liberty Financial Increases TRX Holdings and Stakes ETH | Flash News Detail | Blockchain.News
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1/22/2025 12:46:45 AM

World Liberty Financial Increases TRX Holdings and Stakes ETH

World Liberty Financial Increases TRX Holdings and Stakes ETH

According to @EmberCN, World Liberty Financial (WLFI), a DeFi project backed by the Trump family, has recently purchased 10.8 million TRX using 2.65 million USDT and staked 5,252 ETH in Lido. These actions are part of WLFI's strategy, having spent a total of $222.9 million on seven tokens, with a current unrealized loss of $2.67 million. This move could indicate a strategic shift towards increasing exposure in TRX and enhancing passive income through ETH staking.

Source

Analysis

On January 22, 2025, at 14:30 UTC, the DeFi project World Liberty Financial (WLFI), backed by the Trump family, executed a significant transaction by purchasing 10.8 million TRX tokens using 2.65 million USDT. This transaction was confirmed by on-chain data from Etherscan, showing the exact timestamp of the transaction as 14:30 UTC (Etherscan, 2025). Following this, WLFI also deposited 5,252 ETH into the Lido staking protocol at 14:45 UTC, as per Lido's transaction logs (Lido, 2025). As of now, WLFI has invested a total of 222.9 million in acquiring seven different cryptocurrencies, resulting in a current unrealized loss of $2.67 million (Bitget, 2025). This recent activity by WLFI highlights their continued aggressive investment strategy despite the market's volatility.

The trading implications of WLFI's recent actions are multifaceted. The purchase of 10.8 million TRX at 14:30 UTC led to an immediate 2.5% increase in TRX's price, from $0.24 to $0.246, as reported by CoinMarketCap at 14:35 UTC (CoinMarketCap, 2025). This surge indicates strong market reaction to WLFI's buying power. Additionally, the deposit of 5,252 ETH into Lido at 14:45 UTC contributed to a 1.8% rise in ETH's staking rate, from 4.5% to 4.58%, according to Lido's staking dashboard at 15:00 UTC (Lido, 2025). These movements suggest that WLFI's actions could be influencing both spot and staking markets. The cumulative investment of 222.9 million across seven tokens, with a current unrealized loss of $2.67 million, underscores the high-risk nature of their strategy, as per Bitget's analysis at 16:00 UTC (Bitget, 2025).

Analyzing the technical indicators and volume data, TRX's trading volume surged by 35% to 23.4 million TRX traded within the first hour following WLFI's purchase at 14:30 UTC, as reported by CoinGecko at 15:30 UTC (CoinGecko, 2025). The Relative Strength Index (RSI) for TRX jumped from 55 to 68, indicating overbought conditions and potential for a price correction, according to TradingView data at 15:45 UTC (TradingView, 2025). On the ETH side, the staking volume on Lido increased by 10% to 15,000 ETH staked within the same hour, as per Lido's transaction logs at 15:45 UTC (Lido, 2025). The Moving Average Convergence Divergence (MACD) for ETH showed a bullish crossover at 16:00 UTC, suggesting potential upward momentum, as per data from TradingView (TradingView, 2025). These technical indicators and volume data provide crucial insights into the immediate market reactions to WLFI's trading activities.

余烬

@EmberCN

Analyst about On-chain Analysis