Trump's cryptocurrency project seems to have increased its holdings of tens of millions of dollars in Ethereum after a price plunge
After US President Donald Trump announced tariffs on Mexico and Canada, causing the cryptocurrency market to plummet over the weekend, World Liberty Financial, a decentralized finance project associated with the Trump family, seems to have increased its holdings of Ethereum worth tens of millions of dollars. Eric Trump, Trump's third child, posted on social media platform X on Monday saying "In my opinion, now is a good time to increase holdings in Ethereum. You can thank me later." He later edited the post and deleted the second sentence.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Today's Fear and Greed Index remains at 28, indicating a level of fear.
"1011 Insider Whale" closed a 5x short position of 5,000 ETH, earning approximately $55,000 in profit.
ETH ICO address transfers nearly $120 million worth of ETH to a new wallet after 10 years