World Liberty Monetary (WLFI), a cryptocurrency initiative linked to the Trump household, has considerably elevated its on-chain exercise over the previous week.
In keeping with blockchain information, the undertaking has invested thousands and thousands of {dollars} into increasing its crypto holdings, together with Ethereum (ETH), Aave (AAVE), Chainlink (LINK), Ethena (ENA), and Ondo (ONDO).
Strategic Ethereum Funding
World Liberty Monetary’s newest acquisition includes 722.213 ETH for $2.5 million USDC by Cow Protocol on December 20. Notably, Ethereum stays the biggest asset in WLFI’s portfolio. This newest acquisition, coming amid the market-wide dip, elevated the undertaking’s whole ETH holdings to fifteen,598 ETH, now price $52.98 million.
In the meantime, a $254.28 drop in Ethereum’s worth because the earlier buy has led to a $3.97 million decline within the worth of those holdings.
Different Main Holdings
Along with Ethereum, WLFI has actively elevated its stakes in different main cryptocurrencies. Final week, it utilized $1 million in USDC to purchase 3,357 AAVE tokens at a median worth of $297.8 per token. This brings the entire AAVE holdings to six,137 tokens, valued at $1.93 million as of December 20.
The present worth of AAVE has dropped to $314.25, leading to a $135,760 lower within the holding’s worth. Equally, the undertaking expanded its Chainlink holdings by buying 41,335 LINK tokens for $1 million at a median worth of $24.2 per token. WLFI now holds 78,387 LINK, valued at $1.81 million, following a notable worth decline.
Collaboration with Ethena and Acquisitions
In a associated transfer, WLFI acquired 231,726 Ethena (ENA) tokens for $250,000 USDC yesterday, additionally utilizing Cow Protocol. The transaction got here after Ethena Labs introduced a partnership with WLFI to combine sUSDe, an artificial stablecoin, as a collateral asset. WLFI now holds 741,687 ENA, valued at $716,206, reflecting a $151,580 lower because of the token’s worth drop to $0.97.
Moreover, the undertaking maintains a diversified portfolio that features 134,216 ONDO tokens valued at $232,192, along with vital holdings in stablecoins akin to USDC and USDT. The full portfolio worth has declined to $75.32 million.
