Trump-Linked WLF Doubles Down on ETH via FalconX Exchange as Institutional Demand Soars
The Trump family's WLF project has significantly increased its ethereum holdings, acquiring 6,144 ETH ($23M) in a single transaction. Over six days, associated addresses have accumulated 10,013 ETH ($35.98M) at an average price of $3,593, demonstrating strong bullish sentiment.
WLF now controls 73,616 ETH ($275M) with $33M in unrealized gains, highlighting long-term confidence in Ethereum. The project is set to launch its WLFI token within 6-8 weeks.
U.S. institutional demand is accelerating, with spot Ethereum ETFs seeing $533.9M in net inflows this week. A new whale wallet purchased 105,977 ETH ($397M) over four days, including a $125.73M FalconX transaction for 33,644 ETH.