Trump's WLFI Triples Ether Holdings

World Liberty Financial (WLFI), the decentralized finance (DeFi) platform linked to former US President Donald Trump, dramatically increased its Ether (ETH) holdings last week. This move follows a brief dip in ETH's price below $2,000.

WLFI's Increased Ether Investments

Data from Cointelegraph Markets Pro shows WLFI tripled its ETH holdings in seven days. This significant investment occurred after ETH briefly fell below the key $2,000 support level on March 4th, recovering from $1,991.

Arkham Intelligence data reveals WLFI now holds approximately $10 million more in Ether than a week prior. This recent purchase includes about $10 million worth of Ethereum, an additional $10 million in Wrapped Bitcoin (WBTC), and $1.5 million in Movement Network (MOVE) tokens.

Despite these acquisitions, Lookonchain data indicates WLFI currently holds over $89 million in unrealized losses across its nine token investments.

Market Volatility and Investment Strategy

This dip-buying strategy comes during a period of heightened market uncertainty. Factors contributing to this volatility include macroeconomic concerns and recent crypto-specific events, such as the $1.4 billion Bybit hack on February 21st.

The market downturn also led to a "flight to safety," with investors seeking more stable assets. This trend is evident in increased interest in tokenized real-world assets (RWAs), according to a Binance Research report.

WLFI's "Macro Strategy" Fund

WLFI's recent investments follow the launch of its "Macro Strategy" fund for Bitcoin (BTC), Ether, and other cryptocurrencies. Announced on February 11th, the fund aims to strengthen these projects and expand their roles in the evolving financial ecosystem. The fund's goal is to enhance stability by diversifying holdings across a spectrum of tokenized assets, ensuring a resilient financial system and investing in emerging DeFi opportunities.

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