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World Liberty, the crypto project backed by the Donald Trump family, bought the dip with another $2.5 million spent on ethereum.
Arkham Intelligence Facts presented that World Liberty doubled down on ethereum (eth) as the altcoin fell alongside bitcoin (btc) and other crypto assets.
The project, which recently acquired multiple cryptocurrencies to bolster its decentralized finance offerings, used $2.5 million in the USDC stablecoin (USDC) to purchase 759.36 eth. Arkham data indicated that the transaction was completed via intent-based trading platform Cow Protocol, with an average purchase price of $3,651 per eth.
eth price drop
World Liberty took advantage of the latest cryptocurrency crash to expand its altcoin portfolio. With bitcoin falling below $93K on December 20, ethereum and most other cryptocurrencies followed suit. eth fell to around $3,100, seeing a significant drop amid a broader crypto market sell-off.
This decline caused the cryptocurrency recently acquired by World Liberty to suffer notable declines. According to smart money account <a target="_blank" href="https://x.com/lookonchain/status/1870084966723539429″ target=”_blank” rel=”nofollow”>look chainThe total loss of the Trump family project amid the accident reached $6.15 million. His eth holdings suffered the biggest loss at $4.86 million at the time.
Currently, World Liberty Financial holds approximately 16,400 eth, valued at $53.73 million. In total, Arkham data shows that the project's cryptocurrency holdings are worth more than $73.9 million.
