World Liberty Financial Adds $55 Million in Ether Amid Market Turmoil

World Liberty Financial, a decentralized finance project associated with the Trump family, has reportedly acquired tens of millions of dollars worth of Ether (ETH) following a market crash over the weekend.

Key Takeaways: – World Liberty Financial acquired $55 million in Ether following a market crash caused by U.S. tariffs on Mexico and Canada. – The project has faced scrutiny over potential conflicts of interest, and its recent ETH transactions have raised questions about possible asset sales, though it denied such claims.

The downturn was triggered by U.S. President Donald Trump briefly imposing tariffs on Mexico and Canada. Eric Trump, the president’s son, hinted at the investment move on social media platform X, urging followers to “add $ETH” during the dip before editing his post and removing the second sentence.

Since its launch in October, World Liberty Financial has faced scrutiny regarding potential conflicts of interest due to the Trump administration’s influence over financial regulations. Such remarks about investment returns could prompt regulatory bodies like the U.S. Securities and Exchange Commission (SEC) to investigate, as they may imply the asset is a security subject to oversight.

Blockchain data reveals that World Liberty also transferred nearly all of its Bitcoin holdings and staked ETH, which had been its third-largest treasury asset. These transactions have been routed through decentralized exchanges like CoW Swap and intermediary addresses, with the final destination being a Coinbase hot wallet.

However, the protocol’s rationale for moving such large amounts of ETH remains unclear, as it was previously its largest Treasury asset. Typically, these types of moves suggest preparations to sell assets, though World Liberty has denied this claim.

The project’s wallets saw a substantial inflow of Ether on Monday, with approximately 21,177 ETH, worth around $55 million, flowing in. Data from blockchain analytics firm Nansen also indicates that between January 18 and February 1, World Liberty’s digital wallets received an additional $340 million in Ether before being transferred to Coinbase Prime.

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