World Liberty Financial, a crypto venture linked to US President Donald Trump, has made another big move into Ethereum. The group converted $13 million worth of USDC into 3,473 ETH, adding to its already large stash of the second-largest cryptocurrency by market cap.
The move pushes the platform’s total Ethereum holdings to 73,616 ETH—worth about $275 million based on current prices. This latest transaction continues a buying trend that’s gained attention over the past few months.
Aggressive Buying Pushes Unrealized Profits Over $33 Million
Data from Lookonchain shows that World Liberty Financial is sitting on an unrealized profit of more than $33 million. The project’s average entry price for Ethereum sits around $3,272. With ETH trading higher now, the bet appears to be paying off.
Trump’s World Liberty(@worldlibertyfi) just spent 13M $USDC to buy 3,473 $ETH at $3,743 again!
World Liberty has bought a total of 73,616 $ETH($275M) at an average price of $3,272, with an unrealized profit of $33M+.https://t.co/0qWkRUhTQb pic.twitter.com/WG1zpl3PJC
— Lookonchain (@lookonchain) July 23, 2025
Last week, World Liberty also picked up over 3,000 ETH for $10 million. In May, they added another 1,580 ETH at a cost of $3.5 million. These steady acquisitions show a clear strategy: accumulate ETH and hold while prices climb.
On the market side, Ethereum has responded with more green candles. The token rose 2% in the last 24 hours, hitting a daily high of $3,763. Over the past week, ETH is up 20%. Over the last month, it’s gained 65%.
Whales Shift Their Appetite To Ethereum
World Liberty Financial is not alone in taking a deep plunge into Ethereum. SharpLink and Bitmine have also boosted their ETH positions. And BlackRock, the world’s largest asset manager, is said to be developing increasing interest in Ethereum, after establishing a strong presence in the Bitcoin arena.
The momentum has also fueled the emergence of Ether Machine, a $1.6 billion Ethereum-specific effort. That effort is backed by the likes of Pantera Capital, Archetype, Kraken, Blockchain.com, and Electric Capital.
All these moves set the scenario for Ethereum to be a leading option among the major players, not merely independent traders. The surging interest is driving ETH into the mainstream limelight.
Old Wallets Wake Up As Price Climbs
While new investors are buying in, older Ethereum holders are also stirring. Some dormant wallets recently moved vast amounts of the altcoin.
This type of movement is bound to attract notice. It’s not the money—it’s when. And with so many of the major players stepping in, even long-quiet holders may find this the time to do something.
Ethereum isn’t merely riding a wave of price activity. Institutions, funds, and political parties are stockpiling it, quietly transforming it into something bigger than another crypto token.
Featured image from Pexels, chart from TradingView
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
