Trump’s World Liberty buys 759 ETH amid price dip

World Liberty, the crypto project backed by the Donald Trump family, has bought the dip with another $2.5 million spent on Ethereum. Data from Arkham Intelligence showed that World Liberty doubled down on its Ethereum ( ETH ) bet as the altcoin fell alongside Bitcoin ( BTC ) and other crypto assets. The project, which has recently acquired multiple cryptocurrencies to bolster its decentralized finance offerings, used $2.5 million in the stablecoin USDC ( USDC ) to purchase 759.36 ETH. Arkham data indicated the transaction was completed via intent-based trading platform Cow Protocol, with an average purchase price of $3,651 per ETH. Read more: World Liberty Financial swaps $10M cbBTC to Wrapped Bitcoin ETH price decline World Liberty capitalized on the latest crypto dip to expand its altcoin portfolio. With Bitcoin dipping to under $93k on Dec. 20, Ethereum and most other cryptocurrencies followed suit. ETH dropped to approximately $3,100, experiencing a significant decline amid a broader crypto market sell-off. This decline saw World Liberty’s recently acquired crypto suffering notable declines. According to smart money account Lookonchain , the Trump family project’s total loss amid the crash reached $6.15 million. Its ETH holdings saw the biggest loss with $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 the project’s crypto holdings are worth over $73.9 million. You might also like: Ethereum price crashes to key support as ETH ETF inflows surge