Ethereum News Today: Trump-Linked Firm Buys 561 ETH for $2M, Holdings Now Valued at $281M in ETH Accumulation Spree

World Liberty Financial, a cryptocurrency venture associated with former U.S. President Donald Trump, has executed a significant Ethereum (ETH) purchase, acquiring 561 ETH for $2 million in USDC at an average price of $3,567, according to on-chain data from Arkham Intelligence as reported by Lookonchain [1]. This transaction brings the firm’s total ETH holdings to 76,849 ETH, valued at approximately $281 million at current prices, with an average entry cost of $3,291 and over $28 million in unrealized gains [2]. The acquisition marks the latest phase of a sustained buying strategy that has seen the group add to its portfolio through multiple high-value transactions.

The firm’s aggressive accumulation began with a $13 million USDC-to-ETH conversion just one day prior, followed by a $10 million purchase of 3,000 ETH in late July and a $3.5 million purchase of 1,580 ETH in May. These moves align with a broader trend of institutional adoption, as Ethereum’s integration into traditional financial systems gains momentum. Financial firms and tech-focused treasuries have increasingly added ETH to balance sheets, reflecting a shift in market sentiment. Companies like BitMine Immersion Technologies and SharpLink Gaming have also expanded their Ethereum exposure, with the latter now holding 360,807 ETH, valued at roughly $1.3 billion [3].

Ethereum’s price action has largely supported this accumulation strategy. While the cryptocurrency retreated below $4,000 after rejecting a key resistance zone of $3,835–$3,850, it remains up 5.5% over the past week and has surged more than 51% in the last month. Analysts note that ETH’s 0.786 Fibonacci level ($3,713) has been breached, and the asset remains above its 50-day moving average, suggesting an intact bullish trend [4]. Short-term corrections are anticipated, with liquidity zones between $3,700 and $3,624 seen as potential reaccumulation points. If ETH retests the $3,624 equilibrium level, it could attract "smart money" reentry, potentially propelling the price beyond current resistance levels.

World Liberty’s strategy appears tied to Ethereum’s broader institutional narrative. The one-year anniversary of U.S. spot Ethereum ETFs, which have drawn over $8 billion in net inflows, coincides with the firm’s buying spree. BlackRock and other major players have expanded their digital asset portfolios, signaling growing confidence in ETH’s role as a strategic asset. However, price projections remain speculative. Analysts cite Fibonacci extensions pointing to potential resistance at $4,100, $5,790, and $8,513, though these targets are contingent on sustained momentum [5].

The firm’s activities underscore Ethereum’s evolving status in institutional investing. With macroeconomic factors and product innovation—such as staking integration—supporting demand, the asset’s long-term trajectory remains a focal point for market participants.

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[1] [title1] [url1](https://cryptonews.com/news/trumps-world-liberty-financial-snags-562-eth-with-2m-as-buying-spree-intensifies-is-an-eth-price-pump-next/)

[2] [title2] [url2](https://cryptonews.com/news/trumps-world-liberty-financial-snags-562-eth-with-2m-as-buying-spree-intensifies-is-an-eth-price-pump-next/)

[3] [title3] [url3](https://cryptonews.com/news/trumps-world-liberty-financial-snags-562-eth-with-2m-as-buying-spree-intensifies-is-an-eth-price-pump-next/)

[4] [title4] [url4](https://cryptonews.com/news/trumps-world-liberty-financial-snags-562-eth-with-2m-as-buying-spree-intensifies-is-an-eth-price-pump-next/)

[5] [title5] [url5](https://cryptonews.com/news/trumps-world-liberty-financial-snags-562-eth-with-2m-as-buying-spree-intensifies-is-an-eth-price-pump-next/)