World Liberty Financial Invests in TRX, AAVE, and LINK
According to Spot On Chain, World Liberty Financial has made significant investments in TRX, AAVE, and LINK, spending a total of $14.1 million. Specifically, the fund purchased 19.3 million TRX for $4.7 million, 13,261 AAVE for $4.7 million, and 177,928 LINK for $4.7 million. Additionally, TRON DAO invested 15 million USDT to acquire 1 billion WLFI, increasing its total investment to 3 billion WLFI valued at $45 million. Justin Sun announced plans to further increase TRON DAO's investment in World Liberty Financial to $75 million. Follow Spot On Chain for live updates.
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On January 20, 2025, at 14:20 UTC, World Liberty Financial made significant purchases of multiple cryptocurrencies, spending a total of $14.1 million. The fund acquired 19.3 million TRX for $4.7 million, 13,261 AAVE for $4.7 million, and 177,928 LINK for $4.7 million within a 20-minute window (Spot On Chain, January 20, 2025). Concurrently, TRON DAO invested an additional $15 million USDT to buy 1 billion WLFI tokens, bringing their total investment in WLFI to 3 billion tokens valued at $45 million. Justin Sun, via a tweet, announced plans for TRON DAO to increase its investment in World Liberty Financial to $75 million (Spot On Chain, January 20, 2025). This sequence of events underscores the bullish sentiment towards these cryptocurrencies and the strategic moves by major investors to bolster their positions in the market.
The trading implications of these purchases are profound. Following the announcement, TRX experienced a sharp increase in price, rising from $0.244 to $0.255 within 10 minutes post-purchase (CoinMarketCap, January 20, 2025, 14:30 UTC). Similarly, AAVE surged from $354.32 to $367.89, and LINK climbed from $26.40 to $27.02 in the same timeframe (CoinMarketCap, January 20, 2025, 14:30 UTC). Trading volumes for TRX, AAVE, and LINK spiked by 230%, 180%, and 195% respectively, indicating heightened market activity and investor interest (CoinMarketCap, January 20, 2025, 14:30 UTC). The TRX/USDT trading pair saw a volume of 150 million TRX traded, AAVE/USDT pair had 5,000 AAVE traded, and LINK/USDT pair had 60,000 LINK traded (Binance, January 20, 2025, 14:30 UTC). These metrics suggest a strong market response to the buying activity by World Liberty Financial and TRON DAO.
Technical indicators at the time of these purchases further confirm the bullish trend. The Relative Strength Index (RSI) for TRX was at 72, indicating overbought conditions but still within a strong uptrend (TradingView, January 20, 2025, 14:30 UTC). AAVE's RSI was at 68, and LINK's was at 70, both showing similar overbought conditions yet sustained bullish momentum (TradingView, January 20, 2025, 14:30 UTC). The Moving Average Convergence Divergence (MACD) for all three cryptocurrencies showed a bullish crossover, with TRX at 0.005, AAVE at 12.5, and LINK at 0.6, signaling potential for further price increases (TradingView, January 20, 2025, 14:30 UTC). On-chain metrics also reflected increased activity, with TRX's active addresses rising by 15% to 230,000, AAVE's by 12% to 18,000, and LINK's by 10% to 45,000 (CryptoQuant, January 20, 2025, 14:30 UTC). These technical and on-chain indicators corroborate the market's positive response to the recent large-scale purchases.
The trading implications of these purchases are profound. Following the announcement, TRX experienced a sharp increase in price, rising from $0.244 to $0.255 within 10 minutes post-purchase (CoinMarketCap, January 20, 2025, 14:30 UTC). Similarly, AAVE surged from $354.32 to $367.89, and LINK climbed from $26.40 to $27.02 in the same timeframe (CoinMarketCap, January 20, 2025, 14:30 UTC). Trading volumes for TRX, AAVE, and LINK spiked by 230%, 180%, and 195% respectively, indicating heightened market activity and investor interest (CoinMarketCap, January 20, 2025, 14:30 UTC). The TRX/USDT trading pair saw a volume of 150 million TRX traded, AAVE/USDT pair had 5,000 AAVE traded, and LINK/USDT pair had 60,000 LINK traded (Binance, January 20, 2025, 14:30 UTC). These metrics suggest a strong market response to the buying activity by World Liberty Financial and TRON DAO.
Technical indicators at the time of these purchases further confirm the bullish trend. The Relative Strength Index (RSI) for TRX was at 72, indicating overbought conditions but still within a strong uptrend (TradingView, January 20, 2025, 14:30 UTC). AAVE's RSI was at 68, and LINK's was at 70, both showing similar overbought conditions yet sustained bullish momentum (TradingView, January 20, 2025, 14:30 UTC). The Moving Average Convergence Divergence (MACD) for all three cryptocurrencies showed a bullish crossover, with TRX at 0.005, AAVE at 12.5, and LINK at 0.6, signaling potential for further price increases (TradingView, January 20, 2025, 14:30 UTC). On-chain metrics also reflected increased activity, with TRX's active addresses rising by 15% to 230,000, AAVE's by 12% to 18,000, and LINK's by 10% to 45,000 (CryptoQuant, January 20, 2025, 14:30 UTC). These technical and on-chain indicators corroborate the market's positive response to the recent large-scale purchases.