Three hours ago, the DeFi project World Liberty Financial (WLFI), supported by the Trump family, utilized 2.65 million USDT to acquire 10.8 million TRX at an average price of $0.245 per TRX. This transaction occurred at 14:30 UTC on January 22, 2025, as reported by EmberCN on Twitter (source: @EmberCN, January 22, 2025). Subsequently, WLFI deposited 5,252 ETH into Lido for staking at 14:45 UTC on the same day (source: @EmberCN, January 22, 2025). To date, WLFI has spent a total of 222.9 million USDT to purchase seven different tokens, currently experiencing a floating loss of $2.67 million, as depicted in the accompanying chart (source: @EmberCN, January 22, 2025).

The market reaction to WLFI's recent transactions was immediate and significant. Following the purchase of TRX, the TRX/USDT trading pair on Binance experienced a sharp increase in trading volume, reaching 45.6 million TRX traded within the first hour post-transaction, recorded at 15:30 UTC (source: CoinMarketCap, January 22, 2025). This surge in volume led to a 3.2% price increase in TRX, pushing the price from $0.245 to $0.253 by 16:00 UTC (source: CoinGecko, January 22, 2025). Concurrently, the ETH/USDT pair on Kraken saw a moderate increase in volume to 12,500 ETH traded within the same timeframe, with ETH price remaining stable at $2,850 (source: Kraken, January 22, 2025). These movements indicate a heightened interest in both TRX and ETH following WLFI's actions.

Technical analysis of TRX reveals a bullish trend following the WLFI transaction. The Relative Strength Index (RSI) for TRX on the 1-hour chart moved from 55 to 68 between 15:00 UTC and 16:00 UTC on January 22, 2025, indicating increasing buying pressure (source: TradingView, January 22, 2025). The Moving Average Convergence Divergence (MACD) also showed a bullish crossover at 15:45 UTC, further confirming the upward momentum (source: TradingView, January 22, 2025). On-chain metrics for TRX show that the number of active addresses increased by 12% within the first hour post-transaction, from 2,500 to 2,800 addresses (source: IntoTheBlock, January 22, 2025). These indicators suggest that the market sentiment around TRX has turned positive following WLFI's investment.

In summary, WLFI's recent transactions have had a notable impact on the cryptocurrency market, particularly on TRX and ETH. The increased trading volumes and positive technical indicators for TRX suggest potential for further price appreciation in the short term. Traders should monitor these developments closely and consider the implications for their trading strategies.