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World Liberty Financial Expands Crypto Holdings Amid Market Dip

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  • Trump-backed World Liberty Financial boosts crypto holdings during market dip.
  • Institutional investors drive Bitcoin and Ethereum inflows to record highs.
  • Bitcoin and Ethereum maintain bullish momentum despite recent corrections.

World Liberty Financial, a firm backed by President Donald Trump, has increased its digital asset exposure during the ongoing crypto downturn. According to on-chain data, the company purchased 84.5 wrapped Bitcoin (WBTC) at an average price of about $118,343, spending $10 million USDC in total.


Also, World Liberty Financial invested $8.6 million of USDC to purchase 1,911 Ethereum (ETH) at an average price of about $4,500 per coin. These purchases increased the company’s net crypto holdings to approximately $98.9 million.


Also Read: Trump Jr. Rumored to Buy XRP as Expert Predicts Surge in Institutional Adoption


Institutional Investors Strengthen Crypto Market Position

In addition to World Liberty Financial, other big investors have increased their activity during the current market downturn. U.S.-listed Bitcoin and Ethereum exchange-traded funds traded a total of $40 billion last week, the most since launch.


The largest of these inflows was through BlackRock IBIT and ETHA funds, which highlights increased institutional demand. Meanwhile, BitMine acquired 106,485 ETH worth more than $470 million.


In the meantime, SharpLink Gaming reported Ethereum tokens of about 728,000 ETH or over $3.3 billion. On-chain data platform Lookonchain also indicated that one whale has bought 92,899 ETH, worth approximately $412 million, in the last four days.


Bitcoin and Ethereum Technical Outlook

Bitcoin has sustained strong upward momentum despite short-term corrections. Its flagship asset recently retested support above the 100-day Simple Moving Average around $116,905 and has maintained a bullish structure after hitting an all-time high of $124,000 earlier this week.


bitcoin

Source: Tradingview

Technical analysis indicates a breakout of a bullish flag pattern, which implies that the overall trend is positive. Since April, when President Trump encouraged investors to invest in Bitcoin, it has been forming higher highs and higher lows.


Ethereum has also enjoyed institutional demand. The asset has added over eight percent in the last week, reaching the level of $4,400 during the mid-session trading in London. The market value of ETH is approximately $534 billion with a fully diluted market cap.


Ethereum

Source: Tradingview

Charts show that ETH is undergoing an upward logarithmic trendline on a four-hour basis. If it rebounds after its recent pullback, the price is likely to reach over $5,000 and fall below $4,000 if it fails to hold support.


Conclusion

World Liberty Financial’s latest purchases highlight the confidence of major players in the long-term strength of crypto assets. Substantial inflows into ETFs and significant acquisitions by institutional investors reinforce the bullish outlook for both Bitcoin and Ethereum.


Also Read: Samson Mow: Early Life and Net Worth – The Vision Behind Bitcoin Nation-State Adoption


 


The post World Liberty Financial Expands Crypto Holdings Amid Market Dip appeared first on 36Crypto.

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