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Trump is Trying to Make Money from Ethereum: A Step Worth 15 Million After Purchase! - Coin Bulletin
Trump's decentralized finance (DeFi) project attracted attention with the Ethereum transaction he made.
According to information shared by Arkham, on January 21, 2025, World Liberty, one of the cryptocurrency projects of the Trump family, staked 4,747 ETH (Ethereum) through the Lido Finance platform.
This transaction corresponds to an investment of approximately $15.75 million. Additionally, the staking move also demonstrates the team's long-term confidence in Ethereum investment.
There is currently 188 million dollars worth of Ethereum in the World Liberty Fi wallet.
Cryptocurrency investors continue to closely monitor this important move, wondering about World Liberty's growth targets and potential impacts in the industry.
Trump's company recently made headlines with investments in Ethereum, Aave, Chainlink, and Ethena.
Such large investments create a significant echo in the market, while Ethereum staking operations also emerge as a strategic choice that can provide long-term returns for investors.
This last staking move also had a short-term positive impact on the LDO price through Lido.