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The Trump family "increases the position in Ethereum": The Pectra upgrade was a great success, and WLFI will continue to fight alongside.
The Trump family WLFI increased its position in Ethereum today and is bullish on the ETH/BTC index, and the official statement is that the Pectra upgrade is very successful. (Synopsis: Trump has amassed wealth in 100 days, and the Senate must thoroughly investigate it) (Background added: Trump choked "the most self-fattening president in history": two crypto dinners in May, 1.5 million magnesium for seats) WLFI (World Liberty Financial), the cryptocurrency fund of the Trump family, announced its belief in supporting the Ethereum token on X today, saying that the Pectra hard fork at the beginning of the month is a very important milestone for Ethereum, which has risen as much as 40% in the past week. Get the community's attention. According to Arkham data, the current Trump family's WLFI fund holds nearly 13,000 Ethereum, of which 7,993 ETH and 4,999 stETH are held, and its market value exceeds $33 million, accounting for about 30% of the total fund, it can be said that the Trump family fund is very optimistic about the development of Ethereum. Therefore, after the Pectra upgrade, Trump WLFI also issued a congratulatory article, calling Pectra "very successful", believing that it is still the leading smart contract platform in the world: Congratulations to the entire Ethereum community for successfully launching the Pectra upgrade, which is an important step forward for Ethereum in terms of scale, security and user experience. This update lays a key foundation for the future of decentralized finance and reinforces why Ethereum remains the dominant smart contract platform globally. At WLFI, we're proud to build and celebrate these milestones with Ethereum, and better things are yet to come! And today (12), Trump WLFI even used Aave to deposit 50 wbtc and lend 1590 eth to carry out bullish "ETH/BTC" operations, so that the cost price of on-chain positions reached $2515, it can be said that Trump WLFI is very optimistic about the future development of Ethereum. The negative effects of WLFI blessings Although the Trump family supports Ethereum, it is worth noting that the Trump family's WLFI fund is currently facing distrust in the United States, so for the Ethereum community, such official blessings may only add to the uncertainty. In the past, Trump met with BlackRock or other Wall Street market makers at the White House to discuss issues related to "market manipulation", and also became the target of Trump's attacks by the Democratic Party, so the recent large net inflow of Ethereum has also begun to be questioned by members of Congress whether there is any suspicion of hype. Ethereum's near-term positive interests have made investors flock to it, but it also reminds investors to be cautious, there are still a lot of uncertain geopolitical factors in the current investment environment, and financial losses are likely to occur at any time. EXTENDED READING: THE U.S. GENIUS STABLECOIN REGULATORY LAW FAILED! Democratic Party: First ban the Trump family from profiting through cryptocurrencies Related reports Trump positively denied using cryptocurrencies to make money: "I haven't seen it, holding positions may make money" New York Times long article: dig up the Trump family's "crypto blood earning plan" from scratch The United States owes Taiwan, Japan, and South Korea allies? Trump: I'm not sorry at all, China's 145% tariff is what they deserve (the Trump family's "increase in Ethereum" :P ectra upgrade is too successful, WLFI will continue to fight side by side) This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".