- World Liberty Financial acquires $25M in ETH, WBTC, and MOVE
- Ethereum holdings jump from 2,200 to 7,000 ETH in four days
- White House Crypto Summit sparks speculation on regulation
- Bitcoin briefly touches $92,700 before slight retracement
Just ahead of the highly anticipated White House Crypto Summit, World Liberty Financial—a decentralized finance venture linked to Donald Trump and his family—has significantly increased its crypto holdings.
🚨 BULLISH: World Liberty Financial, has significantly increased its Ethereum holdings.
Over the past week, the company nearly doubled its $ETH assets. pic.twitter.com/XKSN0V1q5G
— Cointelegraph (@Cointelegraph) March 6, 2025
On-chain data shows the firm recently purchased over $25 million in digital assets, including $10 million worth of Ethereum (ETH), $10 million in Wrapped Bitcoin (WBTC), and $1.5 million in MOVE, the native token of the Movement Network. Blockchain analytics firm Nansen shared the news on X, sparking speculation about the firm’s strategy.
Hours ago, Trump’s project @worldlibertyfi made a $25M crypto play
$10M $ETH
$10M $WBTC
$1.5M $MOVEMore to come? pic.twitter.com/lQY56l88hO
— Nansen 🧭 (@nansen_ai) March 6, 2025
Further analysis from Arkham Intelligence reveals that World Liberty Financial‘s Ethereum stash surged from 2,200 ETH on Monday to more than 7,000 ETH by Thursday.
The timing of these purchases is raising eyebrows, as they come just days before President Trump meets with top crypto leaders to discuss regulation and the potential creation of a U.S. strategic crypto reserve.
Crypto Markets React as Summit Approaches
The broader crypto market is already responding to the upcoming summit. Bitcoin briefly climbed past $92,700 before slipping back to around $91,380 due to profit-taking. Meanwhile, Dogecoin led the altcoin rally with a 4% jump, while Solana and Ethereum recorded gains of around 3.8% and 2.3%, respectively.
President Trump will host the first White House Crypto Summit on Friday March 7. Attendees will include prominent founders, CEOs, and investors from the crypto industry. Look forward to seeing everyone there! pic.twitter.com/PEynzDuAOt
— David Sacks (@davidsacks47) March 1, 2025
This market movement follows a rollercoaster week for crypto investors. On Sunday, Trump hinted at the idea of a U.S. crypto reserve, potentially including assets like XRP, ADA, and ETH. However, excitement cooled as the week progressed, especially after fresh U.S. tariffs caused broader market retracement.
🚨🚨🚨WHITE HOUSE CRYPTO SUMMIT ATTENDEES🚨🚨🚨
#CRYPTO #US #SUMMIT #TRUMP pic.twitter.com/wEGXbwmoCb
— Steve.Icp (@Stemars877) March 5, 2025
With the White House Crypto Summit set for Friday, analysts believe the event could be a turning point for the industry. Market watchers are weighing two scenarios: will the summit trigger a surge in crypto prices, or will it expose vulnerabilities in the sector?
“This is a high-stakes moment,” analysts at QCP Capital noted. “Without clear regulatory commitments, the market remains in wait-and-see mode. But if this summit delivers unexpected clarity, it could be a game-changer.”
