In a move that can only be described as “Wait, what?” World Liberty Financial, you know, the crypto playground for friends of a certain former president, has once again dived into the murky waters of Ethereum. They traded a whopping $13 million in USDC for 3,473 shiny new ETH, which seems to be the equivalent of a toddler throwing a tantrum in a candy store. š
Now, sit down, because their Ethereum stash is now sitting pretty at 73,616 ETH, which is about $275 million. Let the applause and gasps eruptāthis latest swap only keeps the spotlight on their crypto binge, with watchers scratching their heads and wondering if they accidentally bought lottery tickets instead of digital coins.
Aggressive Buying Pushes Unrealized Profits Over $33 Million
According to our favorite gossipmongers, Lookonchain, World Liberty is currently swimming in an unrealized profit that would make Scrooge McDuck blushāover $33 million. Their average price for this delightful digital asset is about $3,272. Not too shabby, right? With ETH trading higher now, it looks like their fortune cookie wisdom might just have been on point this time. š„
Trumpās World Liberty(@worldlibertyfi) just spent 13M $USDC to buy 3,473 $ETH at $3,743 again!
World Liberty has bought a total of 73,616 $ETH ($275M) at an average price of $3,272, with an unrealized profit of $33M+.
ā Lookonchain (@lookonchain) July 23, 2025
But wait, thereās more! Last week, they dropped over $10 million for a little over 3,000 ETH, and in May, they decided to grab another 1,580 ETH for a bargain price of $3.5 million. Talk about a shopping spreeāmust be nice to have that kind of credit! Their strategy appears to be, āaccumulate ETH and hold on for dear life while the prices waltz upward.ā š
Market-wise, Ethereum has decided to join the party, responding with a slew of green candles that anyone would gladly trade their grandmaās china for. Itās risen 2% in the last 24 hours, hitting a daily high of $3,763. Over the week? Just a casual 20% increase. Over the month? A staggering 65% increase. Excuse us while we look for a fainting couch. š
Whales Shift Their Appetite To Ethereum
But donāt worry, World Liberty isnāt the only one holding the golden ticket. Other big fish like SharpLink and Bitmine have jumped into the Ethereum poolāCanonball styleāand rumor has it that BlackRock, the behemoth of asset management, is also eyeing Ethereum like itās the final slice of pizza at a party. š
This surge has prompted the birth of Ether Machine, a $1.6 billion Ethereum-specific venture. Itās got more backing than an overstuffed couch at Thanksgiving, with names like Pantera Capital, Archetype, Kraken, Blockchain.com, and Electric Capital hopping on the bandwagon. I mean, who doesnāt want to ride the crypto wave, right?
All these shenanigans set the stage for Ethereum to become more sought-after than the last donut in the break roomānot just by day traders but by the corporate giants as well. Everyone seems eager to have a piece of the Ethereum pie, driving it straight into the mainstream spotlight. š„§
Old Wallets Wake Up As Price Climbs
As the new investors flood in, itās like the elderly Ethereum holders are waking up from a long nap, yawning and tossing their wallets into the fray. Recently, some ancient wallets decided to shuffle vast amounts of altcoin like they were playing cards at a retirement home. How quaint! š
Now, this isnāt just another crypto thrill-seeking adventure; itās all about the timing, baby. With the biggest players stepping in, even the long-slumbering wallets might finally realize that now might be their grand entrance into the ether spectacle. Ethereum isnāt just another digital coin anymoreāit’s morphing into something far more elaborate than yet another splendidly volatile crypto token.
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2025-07-24 06:19