World Liberty Financial, a crypto venture linked to US President Donald Trump, has made another big move into Ethereum. The group converted $13 million worth of USDC into 3,473 ETH, adding to its already large stash of the second-largest cryptocurrency by market cap.
Last week, World Liberty also picked up over 3,000 ETH for $10 million. In May, they added another 1,580 ETH at a cost of $3.5 million. These steady acquisitions show a clear strategy: accumulate ETH and hold while prices climb.
On the market side, Ethereum has responded with more green candles. The token rose 2% in the last 24 hours, hitting a daily high of $3,763. Over the past week, ETH is up 20%. Over the last month, it’s gained 65%.
The momentum has also fueled the emergence of Ether Machine, a $1.6 billion Ethereum-specific effort. That effort is backed by the likes of Pantera Capital, Archetype, Kraken, Blockchain.com, and Electric Capital.
All these moves set the scenario for Ethereum to be a leading option among the major players, not merely independent traders. The surging interest is driving ETH into the mainstream limelight.
While new investors are buying in, older Ethereum holders are also stirring. Some dormant wallets recently moved vast amounts of the altcoin.
This type of movement is bound to attract notice. It’s not the money—it’s when. And with so many of the major players stepping in, even long-quiet holders may find this the time to do something.
Ethereum isn’t merely riding a wave of price activity. Institutions, funds, and political parties are stockpiling it, quietly transforming it into something bigger than another crypto token.
Featured image from Pexels, chart from TradingView
