In a series of substantial transfers, Trump’s World Liberty Multisig wallet has kept on aggressive, strategic crypto investment. As per Lookonchain, the latest crypto investment includes 37,052 $LINK (nearly $1M) and 685 $AAVE (equaling $246.7K), adding to 8,105 $ETH, 103 $cbBTC, 78,387 $LINK, and 4,043 $AAVE acquired since November 30.
World Liberty Multisig Wallet of Trump Adds 685 $AAVE and 37,052 $LINK to Its Crypto Investments
The buyout of 685 $AAVE (at up to $360) and 37,052 $LINK (at almost $27) solidifies Trump’s World Liberty Multisig’s crypto investments. As reported earlier on December 12, World Liberty Multisig acquired up to 2,631 $ETH, 41,335 $LINK, and 3,357 $AAVE with 12M $USDC.
This move reportedly adds to World Liberty Multisig’s purchases since the 30th of November. In the meantime, the wallet spent 30M $USDC for 3,105 $ETH coins at an average price of $3,701. In addition to this, the wallet also utilized 10M $USDC coins to purchase 103 $cbBTC tokens at nearly $97,181. Another purchase was of 78,387 $LINK coins at an average price of approximately $25.5 for this it spent 2M $USDC. Additionally, it bought 4,043 $AAVE coins at up to $308.4 by using 1.25M $USDC.
The Immense Crypto Buyouts Highlight Wallet’s Strategy to Capitalize on Ethereum, Chainlink, and Aave
In line with the aforementioned statistics, the wallet is paying significant attention to the $ETH acquisition. With its substantial utility in the NFTs, L2 scaling solutions, and DeFi ecosystems, Ethereum’s adoption has increased among investors. Hence, by doubling down on Ethereum investment, the World Liberty Multisig wallet aims to capitalize on Ethereum’s rising market position.
Apart from that, the acquisition of $AAVE in massive amounts reflects the wallet’s confidence in Aave’s key role in the DeFi realm. The platform has maintained its leading status in the decentralized borrowing and lending market. Moreover, the noteworthy $LINK acquisition marks the wallet’s strategic alignment with the increasing significance of Chainlink’s decentralized oracles.
Furthermore, the precise timing of the respective acquisitions during the volatile market phases reveals Trump’s World Liberty Multisig wallet’s sophisticated endeavor for long-term gains and position. It reportedly eyes Ethereum’s cutting-edge advancements, Chainlink’s growing ecosystem, and Aave’s increasing dominance. This initiative signifies the evolving strategies of institutional players, especially the World Liberty Multisig wallet, to shape the crypto future.