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)
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.