Donald Trump, who came to the fore with his support for Bitcoin (BTC) and cryptocurrencies, introduced his own crypto project, World Liberty Financial, during the election campaign.
While Trump has made a big splash with his approach to cryptocurrency and his promise of a Bitcoin reserve, Trump and his family's project, World Liberty Financial, continues to grow.
At this point, World Liberty Financial bought Ethereum and altcoins.
According to Lookonchain's post, World Liberty purchased Ethereum (ETH), Chainlink (LINK), and AAVE.
The World Liberty Multisig wallet purchased 2,631 ETH for 10 million USDC at an average price of $3,801; 41,335 LINK for 1 million USDC at an average price of $24.2; and 3,357 AAVE for 1 million USDC at an average price of $297.8.
https://twitter.com/lookonchain/status/1867036708983935325
“Trump’s recent $1 million purchase of LINK, combined with the World Liberty Financial DeFi platform’s adoption of the Chainlink standard for data and cross-chain connectivity earlier this year, further strengthens the long-term alignment between the two ecosystems,” said Chainlink community figure Zach Rynes.
How Many Altcoins Do You Have in Your Wallet?
According to Arkham data, the World Liberty wallet “0x5be9a495” holds approximately $74.9 million worth of cryptocurrency, including more than $57 million worth of ETH, $10 million worth of Coinbase’s wrapped Bitcoin token CBBTC, $3 million worth of USDT, and varying amounts of LINK, AAVE, and ETH altcoins.
Experts stated that these ETH and altcoins were purchased with the proceeds from the WLFI token sale.
*This is not investment advice.