The market experienced another major sell-off today, with coin briefly dipping to $95,682 and suffering an even more severe decline, with over $1.03 billion in total contract liquidations and more than 300,000 traders being liquidated.
Notably, just as prices were plummeting, the DeFi project of the Trump family, (WLF), re-entered the market. Given that WLF has successfully pumped various in recent times after entering the market, this transaction has garnered significant market attention.
Further Reading: Trump's Midas Touch! Family's DeFi Project Buys LINK and AAVE, Prices Reach 3-Year Highs
Ethereum Plunges 10%
According to nance spot market data, briefly rebounded to $3,720 yesterday afternoon, but then began a steady decline, falling below $3,400 around 4 AM this morning and reaching a low of $3,326.8, a drop of over 10%.
As of the time of writing, is still hovering around the $3,400 level, with the current price at $3,403, a 6.9% decline in the past 24 hours.
World Liberty Financial Increases Holdings by 2.5 Million ETH
Amidst the decline in prices, Lookonchain detected that WLF spent $2.5 million to purchase 722 at an average price of around $3,460 this morning around 7 AM.
The previous time WLF made a significant purchase of was on December 12th, when it spent $10 million to acquire 2,631 at an average price of $3,801.
Total Holdings Exceed 75 Million Dollars
During this period, WLF has also continued to accumulate tokens in the space, such as , , and . According to the latest data from Arkham, WLF's multi-signature addresses currently hold $75.49 million in , with the top five holdings being:
- : 15,596 , valued at approximately $53.17 million
- : 6,137 , valued at approximately $1.94 million
- : 78,387 , valued at approximately $1.81 million
- : 741,687 , valued at approximately $733,500
- : 134,216 , valued at approximately $233,540
