In a twist worthy of Bath and Northanger Abbey combined, World Liberty Financial, that ingenious establishment crowned with the patronage of Mr. Trump himself, has once more thrust its genteel hand into the proverbial Ethereum cookie jar. The company seems to have developed quite a taste for digital tokens, and like Lady Catherine de Bourgh eyeing a new carriage, it simply cannot resist another acquisition—especially as prices ascend with all the manners of a well-raised debutante.
- In a display of purse-strings most prodigious, Mr. Trump’s pet DeFi project, WLFI, seized 256 more ETH—one must applaud their enthusiasm if not their discretion.
- Their ETH trove has now swelled to nearly $300 million, enough to make even Mr. Darcy wonder if he ought to diversify his portfolio.
- Cynics, ever eager to spoil a good ball, are tittering about possible conflicts of interest, as if the union of politics and profit were something new beneath the sun.
Reports—brought forth by the modern equivalent of a scandalous letter, known as Lookonchain—reveal that on 29th July, WLFI acquired another 256.75 Ethereum (ETH) for the princely sum of $1 million USDC. This follows upon their previous indulgence: a $30 million splurge, mere days ago, suggesting that self-control at World Liberty is a quality as thin as Mrs. Bennet’s nerves.
Presently, World Liberty Financial finds itself in possession of 77,226 ETH, the lot valued at a rather immodest $296 million. The tokens, scooped up at an average of $3,294 per piece, have so far yielded the firm an unrealized profit of approximately $42 million. No doubt the drawing room is abuzz with whispers of impending new bonnets.
Mr. Trump’s World Liberty (@worldlibertyfi) has, in gallant fashion, expended 1M $USDC upon another 256.75 $ETH at $3,895. An extraordinary appetite for risk, or merely for attention?
With a sum total of 77,226 $ETH ($296M) at an average price of $3,294, their unrealized profit dances at ~$41.7M. Might they be looking for a new estate to impress Lady Lucas?
— Lookonchain (@lookonchain) July 29, 2025
Meanwhile, Ethereum, that capricious darling of the investment set, is enjoying a rather spirited rebound. Now changing hands at $3,824, ETH appears to have recovered its composure after months of sulking, even if it suffered—as do we all—a minor decline of 1.6% in the last day. Nevertheless, it boasts an enviable leap of over 55% this month. Mrs. Bennet would call for smelling salts at such returns.
WLFI’s enthusiasm for Ethereum reflects a broader mania among Trump-affiliated enterprises. Mere days prior, Trump Media and Technology Group gambled $300 million on Bitcoin options—because, as ever, the best time to roll the dice is during a waltz, or a regulatory regime change. The President, with a flourish, has introduced pro-crypto legislation, doubtlessly for reasons as pure and unsullied as freshly laundered gloves.
But the timing, my dear, has not escaped the notice of society’s sharpest tongues.
Analysts Fret Over Trump’s Crypto Courtships—As If Such Entanglements Were New! 😏
According to that modern oracle, Bloomberg, a storm of raised eyebrows is gathering. Observers now fear that Trump’s influence—much like Mrs. Elton’s matchmaking—might encourage public policy overly fond of personal gain. In the drama of WLFI’s ETH grab and Trump Media’s crypto gambles, critics fret about policies dressed up to suit narrow ambitions.
The White House, ever composed, dismissed such concerns: spokesman Seth Fields, with breathtaking poise, declared by email that the president “has never been involved in conflicts of interest and will never be involved.” One wonders if this is the same kind of never that applies to eating cake before supper.
According to Forbes (the only peerage that matters in these circles), the Trump family’s combined treasure chest boasts $900 million in liquid assets—half of which derives from such adventures in crypto. One can only imagine the tea served after such disclosures.
Truly, society has not seen such a spectacle since Lydia eloped with Wickham—only with rather more noughts and rather fewer consequences, at least for now. 🍵💸
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2025-07-29 15:44