According to Crypto Rover, former U.S. President Donald Trump has reportedly purchased $3,500,000 worth of Ethereum (ETH) as of May 9, 2025 (source: @rovercrc, Twitter). This significant acquisition by a high-profile figure is likely to boost market sentiment and increase trading volume for ETH, potentially leading to higher short-term price volatility. Traders are closely monitoring blockchain transaction data and order books for further large-scale movements, as this buy-in could signal renewed institutional and retail interest in Ethereum and related altcoins.