Trump-backed crypto project buys 48 million USD in Ethereum – what’s next?

World Liberty recently acquired 14,403 ETH for 48 million USD, reaching a total of 41,269 ETH. This signals confidence in Ethereum’s future, especially with ETH trading at approximately 3,383 USD.

Justin Sun’s involvement enhances Ethereum’s appeal with institutions, evident as the ETH/BTC ratio straddles at 0.03124. Positive price action suggests potential further gains for ETH, encouraging deeper market interest.

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