CandleFocus Trump Bullish on Ethereum? WLFI Move Sparks Excitement
2025-01-21
Author: Content Editor
The World Liberty Financial project, inspired by former US President Donald Trump, has purchased $47 million worth of Ethereum (ETH) to celebrate Trump's inauguration as the 47th president of the US. They have also staked nearly 5,000 ETH, worth over $15 million, on Ethereum liquid staking provider Lido. This move has sparked new hope among Ethereum investors and suggests a long-term commitment to the network. However, despite WLFI's interest, Ethereum and other assets have experienced a post-inauguration correction in the crypto market, with ETH trading just above $3,250.
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