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HomeCrypto NewsMarketDonald Trump's World Liberty Financial Buys Millions Worth of LINK and AAVE Again

Donald Trump’s World Liberty Financial Buys Millions Worth of LINK and AAVE Again

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World Liberty Financial has acquired millions worth of Chainlink and Aave coins again, 24 hours after splashing cash for similar purchases.

The Donald Trump-affiliated decentralized finance (DeFi) protocol continues its cryptocurrency acquisition after yesterday’s $12 million buying spree. This time, it focused on buying more of Chainlink (LINK) and Aave (AAVE).

Data from Etherscan shows that World Liberty Financial spent millions of USDC to increase its exposure to LINK and AAVE, contributing to the assets’ uptrend. Notably, the WLFI wallet acquired a few other cryptocurrencies as operations seemingly drew closer.

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World Liberty Financial Increases Altcoin Stash

The DeFi protocol kickstarted its cryptocurrency acquisition with the Coinbase Wrapped Bitcoin (cbBTC), acquiring 103 ($10 million USDC) of the asset. Since then, the project’s wallet has swapped its USDC stash for altcoins.

Earlier today, WLFI bought 37,052 LINK ($1 million USDC) at an average price of $27. Notably, the accrual took its total Chainlink stash to 78,387 LINK, acquired at an average price of $25.5.

Meanwhile, the DeFi protocol also bought more Aave tokens. Data shows that it swapped $257,672 USDC for 685 AAVE today at an average cost of $360 per coin. With the latest buy, the WLFI now holds 4,042 AAVE ($1.25 million USDC) at the cost of $308.4.

WLFI AAVE LINK
WLFI Purchases

Notably, the World Liberty Financial address received more assets from an OKX-affiliated account. Wallet address “0xf2d50” sent Fantom (FTM), Curve DAO (CRV), Parawap (PSP), Stake DAO (SDT), and Balancer (BAL) to the WLFI address.

AAVE, Chainlink Post Staggering Gains

Meanwhile, the latest developments have contributed to Chainlink and Aave’s bullish performance. For context, Chainlink has surged an impressive 22% in the past seven days, with most of its gain from yesterday’s 21.02% uptick from $24 to $29.

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In addition, the AAVE token surged an impressive 21.25% yesterday and is continuing its gain today as of press time.

At the time of writing, AAVE trades at $378.48, up 46% in the past seven days, while LINK exchanges hands for $29.50, with a 3% daily gain.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

Author

Elendu Benedict
Elendu Benedict
Elendu Benedict is a refined cryptocurrency writer with over two years of experience in the field. With a thorough understanding of blockchain technology, cryptocurrencies, and market trends, as well as proficiency with ETFs, DeFi, and Web3, he specializes in writing engaging and educational articles on a variety of crypto-related subjects.

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