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Trump Makes Major Ethereum Purchases Through World Liberty Finance
Crypto World Focused on Donald Trump
In recent days, the crypto news cycle has revolved around Donald Trump. After the launch of his own memecoin, which allegedly “shot through the stratosphere,” the U.S. President has now also made substantial purchases of Ethereum (ETH). These acquisitions were made through his crypto project, World Liberty Finance.
Trump’s Massive ETH Purchases
According to on-chain data from the analytics platform LookOnChain, World Liberty Finance has acquired 14,403 ETH through a series of transactions, with a total value of $48 million. Initial reports suggested the purchases amounted to $20 million, but new data indicates even larger acquisitions. As a result, the project’s total ETH holdings have now reached 33,630 ETH, with an estimated value of $107 million.
The purchases come at a time when Ethereum appears to be relatively undervalued. While projects like Bitcoin (BTC) and Solana (SOL) have reached new all-time highs (ATH), Ethereum has lagged behind. Historically, ETH has often shown delays compared to BTC, leading to recurring “Ethereum is dead” narratives. However, Ethereum has repeatedly staged impressive rallies. With this latest investment, Trump may be speculating that Ethereum is poised for another significant surge.
Is a Price Explosion Coming?
One expert who seems to share Trump’s vision is Sandeep Nailwal, founder of the Layer-2 (L2) platform Polygon (MATIC). In a recent post on X, he stated that he believes a price explosion for Ethereum is imminent.
Nailwal highlights Ethereum’s strong fundamental growth. With the rapid expansion of the Layer-2 ecosystem and new strategic partnerships, he sees no reason why the digital asset should remain undervalued. In his opinion, patience is the key for ETH investors.
Ethereum Price Analysis
Ethereum is currently experiencing range-bound price action, struggling to gain momentum above key resistance levels. After a strong rebound, ETH is now consolidating, with traders watching for the next breakout or breakdown.
- Current Price: $3,236.93
- 24H Change: -0.06% (Minor decline, consolidation phase)
- SMA 50 & 200:
- SMA 50: $3,244.49 (Acting as short-term resistance)
- SMA 200: $3,296.30 (Major resistance, trend confirmation level)
- RSI (14, close): 44.61 (Neutral, slightly bearish bias)
Key Levels to Watch
- Resistance: $3,275 – $3,300 → ETH needs to break this zone to regain bullish momentum.
- Support: $3,200 – $3,175 → A breakdown below this could push ETH toward $3,100.
Prediction & Trading Outlook
- Bullish Scenario: If ETH reclaims $3,275, it could attempt a move toward $3,350 – $3,400.
- Bearish Scenario: A rejection at SMA 50 ($3,244) could push ETH down to $3,200 or lower.
Conclusion
Ethereum is currently consolidating, awaiting a breakout direction. A push above $3,275 would signal bullish continuation, while failure to hold $3,200 could lead to further downside. Traders should watch volume and RSI for confirmation!
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