A crypto wallet tied to Donald Trump’s World Liberty Financial (WLFI) has bought 3,473 Ethereum (ETH) worth $13 million. The ETH was purchased at an average price of $3,743 per coin.
This latest buy raises the wallet’s total Ethereum holdings to 73,616 ETH, now valued at roughly $275 million. With an average entry price of $3,272, the wallet holds an unrealized gain of over $33 million.
The wallet has been active for months. It purchased 1,587 ETH in May and added 3,007 ETH last week.
Ethereum Sees Stronger Demand From Institutions
WLFI’s latest purchase comes at a time when institutional investors are putting more money into Ethereum than Bitcoin (BTC).
Spot ETH ETFs have recorded 13 straight days of inflows, adding more than $4 billion over that period. On July 21 alone, Ethereum ETFs pulled in $296.6 million, while Bitcoin ETFs saw $131 million in outflows.
Analysts say the shift is tied to Ethereum’s broader use cases. Unlike Bitcoin, ETH can be staked, used in smart contracts, or deployed in decentralized finance. That’s drawing more interest from fund managers and corporate treasuries.
WLFI’s latest move lines up with how other firms are approaching ETH. According to CoinGecko, public companies now hold more than 1 million ETH. That includes firms like SharpLink Gaming, Bitmine Immersion, and Coinbase. In the past 30 days, treasury-focused entities have bought around 545,000 ETH—worth over $1.6 billion.
WLFI’s buying trend looks similar. It has added ETH gradually across multiple purchases instead of buying all at once. That approach suggests it’s building a long-term position rather than making a short-term trade.
ETH Sent to Aave Shows Active On-Chain Use
WLFI didn’t just hold onto the new ETH. Blockchain records show that 1,000 ETH was sent to Aave v3, a decentralized lending protocol.
By depositing ETH into Aave, the wallet can earn yield or borrow other assets. That suggests WLFI is putting its holdings to work, possibly to support upcoming ecosystem activity.
This move comes just after WLFI governance token holders voted to make the token tradable. On-chain activity like this could be part of that rollout.
The WLFI project has close ties to Donald Trump. He and his family are reported to hold stakes in both the WLFI token and the USD1 stablecoin.
At the same time, Trump has backed new crypto laws, including the GENIUS Act and Clarity Act, both passed in recent months. Critics say this overlap between policymaking and personal investment could create a conflict of interest.
Watchdog groups have called for more transparency, especially as WLFI’s financial position continues to grow under a regulatory environment shaped by the same figures who benefit from it.