TLDR

• Donald Trump’s DeFi project, World Liberty Financial, purchased $21.5 million in cryptocurrencies ($10M in ETH, $10M in WBTC, $1.5M in MOVE tokens)
• The fund used a newly created multi-signature wallet, with $3.5 million USDC still remaining for potential future purchases
• World Liberty Financial now holds over $78.5 million in digital assets according to Arkham Intelligence
• The purchases come as Trump’s administration plans to establish a U.S. strategic crypto reserve
• Analysts are predicting a bullish market for Bitcoin, with some forecasting a potential 25% rally to $120,000

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World Liberty Financial, the DeFi project associated with former U.S. President Donald Trump, has made fresh purchases of cryptocurrencies worth $21.5 million. The fund bought Ethereum, Wrapped Bitcoin, and Movement Network tokens as the crypto market recovers from a recent correction.

According to on-chain analytics platform Spot On Chain, the fund moved $25 million USDC into a newly created multi-signature wallet. From this amount, World Liberty Financial purchased 4,468 Ethereum (ETH) for $10 million at a price of $2,238 per ETH.

Donald Trump’s World Liberty Financial (@worldlibertyfi) is back to buying $ETH, $WBTC, and $MOVE!

In the past 45 minutes, the fund moved 25M $USDC to a new multi-sig wallet and purchased:

• 4,468 $ETH ($10M) at $2,238
• 110.6 $WBTC ($10M) at $90,420
• 3.42M $MOVE ($1.5M) at… https://t.co/pyElkjbFwf pic.twitter.com/azgZeglmQA

— Spot On Chain (@spotonchain) March 5, 2025

The fund also bought 110.6 Wrapped Bitcoin (WBTC) for $10 million at $90,420 per Bitcoin. In addition, it acquired 3.42 million MOVE tokens for $1.5 million at $0.439 per token.

After these purchases, the wallet still contains $3.5 million USDC. This has led to talk about possible future purchases by the fund in the near term.

World Liberty Financial has been busy with crypto activities lately. The project has already launched a macro strategic reserve for its expansion in the cryptocurrency space.

Arkham Intelligence data reveals that WLFI now holds over $78.5 million in digital assets as of March 6. The fund’s biggest holdings include 7,091 ETH valued at $16.16 million and 162.69 WBTC worth $14.87 million.

Other major holdings include 12.88 million Tether, 4,972 staked ETH amounting to $11.32 million, and 40.71 million Tron valued at $9.96 million. The fund also has smaller amounts of USD Coin, Ondo, and WhiteRock.

Market Recovery Drives Strategic Purchases

These purchases come at a time when the crypto market is bouncing back from a recent downturn. Bitcoin has moved past $92,000 while Ethereum has surged to over $2,300.

Traders are now betting on increased global liquidity and growth in the M2 money supply. Crypto commentator Colin Talks Crypto has pointed out a new vertical increase on the Global M2 Money Supply chart.

Crypto analyst Rekt Capital has commented on Bitcoin’s recent price recovery. He noted that smaller investors have left the market while larger investors took the chance to buy during the dip.

The analyst also pointed out a key wedge formation on the charts. This suggests that if Bitcoin breaks out to the upside, a 25% bullish rally could happen in the coming days.

Rekt Capital has set a mid-term target of $120,000 for Bitcoin. This shows growing positive sentiment for the cryptocurrency.

The Trump administration is moving forward with plans to establish a U.S. strategic crypto reserve. On March 2, Trump directed the President’s Working Group on Digital Asset Markets to create a reserve of key cryptocurrencies.

While early reports mentioned assets like Ripple (XRP), Solana (SOL), and Cardano (ADA), Trump later stated that Bitcoin and Ethereum would be central to the initiative.

This move has caused some debate. Critics claim that the reserve may increase the value of assets owned by Trump and his associates. According to reports, Trump and his close associates own more than 60% of WLFI.

The Trump Organization states that the president has stepped back from commercial activities. They deny any wrongdoing. His children, a separate ethics attorney, and an outside investment firm now oversee WLFI’s management.

Despite these statements, watchdog groups remain doubtful. They point to past instances where Trump’s business and political interests seemed to overlap.

All eyes are now on the upcoming White House Crypto Summit. President Trump will attend this first-of-its-kind event along with industry leaders and CEOs. Michael Saylor and Matt Huang are among the experts set to participate.

The summit aims to drive the development of progressive digital asset policies. It comes at a time of increased interest in cryptocurrencies from institutional investors.