Home NewsStory Trump-Backed Firm Doubles Down on Ethereum as Institutional Demand Grows

Trump-Backed Firm Doubles Down on Ethereum as Institutional Demand Grows

by Ouess

A crypto venture linked to Donald Trump has made another multi-million dollar Ethereum purchase, signaling strong confidence in ETH’s long-term potential.

World Liberty’s Latest Ethereum Move

  • Bought 561 ETH for $2M ($3,567 per ETH)
  • Total holdings now: 76,849 ETH (worth $281M)
  • Average buy price: $3,291 (current $28M+ profit)

https://twitter.com/lookonchain/status/1948223924321579516?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1948223924321579516%7Ctwgr%5E38212475a0f566df1a1523dfb95e0f88a16b6982%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fcryptonews.com%2Fnews%2Ftrumps-world-liberty-financial-snags-562-eth-with-2m-as-buying-spree-intensifies-is-an-eth-price-pump-next%2F

This follows three major purchases in recent weeks:

  • $13M for 3,473 ETH (July 22)
  • $10M for 3,000 ETH (last week)
  • $3.5M for 1,580 ETH (May)

Why Institutions Are Piling Into Ethereum

Ethereum is gaining serious institutional traction:

  • SharpLink Gaming holds 360,807 ETH ($1.3B)
  • BitMine previously led with 300,000+ ETH
  • BlackRock expanding crypto exposure

The trend aligns with Ethereum’s 1-year ETF anniversary, which has driven renewed institutional inflows.

Ethereum Price Outlook: Short-Term Dip, Long-Term Bullish

  • Current price: $3,628 (down 1% today)
  • Weekly gain: +5.5% | Monthly surge: +51%
  • Key resistance: $3,835–$3,850 (recent rejection)

What’s Next for ETH?

✅ Bullish indicators:

  • Price above 50-day moving average
  • Broke Fibonacci 0.786 resistance ($3,713)
  • Long-term targets: $5,790–$8,513

⚠️ Short-term caution:

  • Possible pullback to $3,624–$3,720 (liquidity zone)
  • Profit-taking near “premium” price levels

Analysts see any dip as a buying opportunity before ETH resumes its uptrend.

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