According to monitoring data from Arkham, an hour ago, the Trump family's WLFI cryptocurrency project spent 2.5 million USDC to buy 722.2 ETH, at an average price of $3,461 per transaction.
It is known that the project carries out small-scale transactions in batches, and the total amount of ETH held by the Trump family has now reached $52 million.
World Liberty Financial (WLFI) is a decentralized finance (DeFi) project inspired by the vision of Donald J. Trump, with the goal of protecting and maintaining the status of the USD in the digital world. This project focuses on the use of USD-based stablecoins to strengthen the USD as a global reserve currency, while avoiding the centralized control of central bank digital currencies (CBDCs).
=> Read more: What is World Liberty Financial (WLFI)? What is special about the DeFi project of the Trump family?
Previously, the project has also taken positive actions in the market, such as integrating Chainlink and holding this coin, as well as collaborating with the ENA project - a Stablecoin project, and considering making sUSD the first token to be used as collateral on the WLFI protocol.