World Liberty Financial, a crypto project linked to U.S. President Donald Trump, has continued its aggressive Ethereum accumulation strategy, purchasing another $1 million worth of ETH.
According to data from Akhram, the platform acquired 256.75 ETH at an average price of $3,895 in a transaction carried out roughly 23 hours ago.
Source: Akhram
World Liberty Financial Ramps Up Ethereum Holdings to $296M
The purchase was first flagged by on-chain researcher Onchain Lens, who highlighted that the acquisition was made using USDC, a dollar-pegged stablecoin.
This latest buy follows a string of recent Ethereum purchases by World Liberty Financial. Just last week, the platform spent $2 million on 561 ETH at $3,567. A day earlier, it had swapped $13 million in USDC for 3,473 ETH. In the same week, it also picked up 3,000 ETH for $10 million. In May, the project added 1,580 ETH to its holdings for $3.5 million.
According to Lookonchain, in total, World Liberty has accumulated 77,226 ETH, valued at approximately $296 million. Based on current prices, the position carries an unrealized profit of around $41.7 million.
The steady accumulation reflects a broader trend among institutional and crypto-native players racing to load up on Ethereum.
Onchain data shows that fresh wallet 0x286f recently picked up 12,749 ETH worth over $48 million. Since July 9, at least nine new wallets have collectively acquired 628,646 ETH, valued at roughly $2.38 billion.
Meanwhile, other firms are racing to claim a dominant position in the ETH accumulation race.
SharpLink Gaming, another key player in the ongoing ETH accumulation trend, has deepened its Ethereum treasury with the purchase of 77,210 ETH over the weekend. That brings its total holdings to 438,017 ETH, now worth $1.69 billion.
Last week, the company acquired 360,000 ETH valued at $1.33 billion.
The competition to build the largest Ethereum treasury is heating up. Tom Lee’s BitMine Immersion Tech currently leads with 566,800 ETH, followed by SharpLink, according to data from StrategicETHReserve.
Source: StrategicETHReserve.xyz
Other major holders include the Ethereum Foundation, The Ether Machine, PulseChain, Coinbase, Bit Digital, and the Golem Foundation.
Ethereum Approaches Key Breakout Zone as Technicals and Inflows Strengthen Bullish Case
Ethereum is once again testing the $4,000 level, a resistance it has failed to break three times since February. But this time, technical indicators and strong fundamentals suggest a breakout could finally be near.
ETH has surged 57% over the past month, supported by record ETF inflows and rising network activity.
Investment products linked to Ethereum saw $1.59 billion in inflows last week, the second-largest in its history, while ETH spot ETFs have now attracted inflows for 17 consecutive days.
BlackRock’s ETHA alone added $131.95 million, pushing its net assets to $11.22 billion. Total assets across all ETH ETFs have reached $21.5 billion, now making up 4.7% of Ethereum’s market cap.
On-chain metrics confirm growing strength. Ethereum’s daily transactions hit 1.62 million on Friday, up 73% over the three-month average, while daily active addresses climbed to a 12-month high, as per data from Nansen.
Weekly transaction volume hit an all-time high of 10.07 million, with the DEX volumes reaching $22.5 billion last week, and total DeFi TVL on Ethereum is back to $86 billion, reclaiming a 61% market share.
Meanwhile, exchange balances have dropped to 15.6 million ETH, levels last seen before the 2017 bull run, indicating a possible supply squeeze.
Technically, ETH recently broke out of a bullish flag pattern after a 31.6% move upward. The breakout implies a measured target near $5,000. The price recently tested $3,904 and is consolidating above the 23.6% Fib retracement level from its $3,515 low.
Ethereum is currently trading above $3,820, with the 50-hour SMA having crossed above the 100- and 200-hour SMAs, a classic bullish alignment that supports continued upside.
Resistance sits at $3,860 to $4,000. A clean break above could ignite momentum toward $5,000. Support lies at $3,740 and $3,488 in case of pullbacks.
Some analysts suggest a temporary dip could occur before a breakout. “Liquidity on the long side is ready to be taken,” said market analyst Michaël van de Poppe, who sees a possible retrace to the $3,500–$3,300 range before ETH breaks above resistance.
Ethereum’s 10-year anniversary, set for tomorrow, adds a symbolic backdrop to this price action. Combined with strong fundamentals and institutional demand, the setup suggests ETH could be on the verge of a new bullish phase.
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