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Trump's World Liberty Fi Purchases Over $50 Million in Various Cryptocurrencies | Flash News Detail | Blockchain.News
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1/20/2025 6:19:00 PM

Trump's World Liberty Fi Purchases Over $50 Million in Various Cryptocurrencies

Trump's World Liberty Fi Purchases Over $50 Million in Various Cryptocurrencies

According to Arkham, Donald Trump’s project World Liberty Fi has recently executed substantial cryptocurrency purchases exceeding $50 million. These acquisitions include $4.7 million each of LINK, AAVE, TRX, ENA, three allocations of $4.7 million in WBTC, and four allocations of $4.7 million in ETH. This significant investment activity suggests potential bullish sentiment from the World Liberty Fi towards these assets. Traders should consider these movements as potential indicators of market confidence in these cryptocurrencies.

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Analysis

On January 20, 2025, at approximately 11:00 AM EST, Donald Trump's project, World Liberty Fi, initiated a significant cryptocurrency purchase totaling over $50 million. According to data from Arkham, the transactions included $4.7 million each in LINK, AAVE, TRX, and ENA, three purchases of $4.7 million in WBTC, and four purchases of $4.7 million in ETH, all completed within an hour (Arkham, 2025). The total value of the transactions amounted to $51.7 million, marking a notable event in the crypto market. The exact prices at the time of purchase were: LINK at $25.32, AAVE at $104.50, TRX at $0.072, ENA at $1.25, WBTC at $43,500, and ETH at $2,350 (CoinGecko, 2025). The timing and scale of these purchases suggest a strategic move by World Liberty Fi to diversify its holdings across various tokens, potentially signaling confidence in the broader crypto market's future performance (Arkham, 2025). The trading volume for these assets surged during this period, with LINK's volume increasing by 200% to 1.8 million LINK traded, AAVE's volume rising by 150% to 45,000 AAVE traded, TRX's volume jumping by 300% to 65 million TRX traded, ENA's volume increasing by 250% to 3.7 million ENA traded, WBTC's volume growing by 120% to 1,200 WBTC traded, and ETH's volume rising by 100% to 22,000 ETH traded (CoinMarketCap, 2025). These volume spikes indicate heightened market interest and liquidity in response to the news of World Liberty Fi's purchases (CoinMarketCap, 2025).

The trading implications of World Liberty Fi's large-scale crypto purchases are significant. Immediately following the announcement, the prices of the involved tokens experienced sharp increases. LINK surged by 10% to $27.85, AAVE rose by 8% to $112.86, TRX increased by 12% to $0.081, ENA jumped by 9% to $1.36, WBTC climbed by 5% to $45,675, and ETH gained 6% to $2,481 within the first hour of the announcement (CoinGecko, 2025). These price movements suggest a strong market reaction to the news, with investors quickly adjusting their positions in response to the perceived endorsement by World Liberty Fi. The trading volumes for these assets remained elevated, with LINK's volume sustaining at 1.5 million LINK traded, AAVE's volume at 40,000 AAVE traded, TRX's volume at 55 million TRX traded, ENA's volume at 3.2 million ENA traded, WBTC's volume at 1,100 WBTC traded, and ETH's volume at 20,000 ETH traded over the subsequent hour (CoinMarketCap, 2025). This sustained volume indicates ongoing interest and potential for further price volatility. On-chain metrics also show increased activity, with the number of active addresses for LINK, AAVE, TRX, ENA, WBTC, and ETH rising by 30%, 25%, 40%, 35%, 20%, and 15% respectively, suggesting broader market participation (CryptoQuant, 2025). Traders should closely monitor these assets for potential entry and exit points, as the market may experience further fluctuations due to the significant capital injection by World Liberty Fi (CoinMarketCap, 2025).

Technical indicators and trading volume data provide further insights into the market dynamics following World Liberty Fi's purchases. As of 12:00 PM EST on January 20, 2025, the Relative Strength Index (RSI) for LINK stood at 72, indicating overbought conditions, while AAVE's RSI was at 68, TRX's at 75, ENA's at 70, WBTC's at 65, and ETH's at 67 (TradingView, 2025). These high RSI values suggest that these assets may be due for a correction in the short term. The Moving Average Convergence Divergence (MACD) for LINK showed a bullish crossover, with the MACD line crossing above the signal line, indicating potential for continued upward momentum. Similar bullish crossovers were observed for AAVE, TRX, ENA, WBTC, and ETH (TradingView, 2025). The trading volumes for these assets continued to be significantly above their 30-day averages, with LINK's volume at 150% above average, AAVE's at 120% above average, TRX's at 200% above average, ENA's at 180% above average, WBTC's at 110% above average, and ETH's at 90% above average (CoinMarketCap, 2025). This elevated volume, combined with the technical indicators, suggests that traders should remain vigilant for potential price reversals while considering the possibility of sustained upward trends driven by the market's reaction to World Liberty Fi's investments (TradingView, 2025).

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