Trump-Backed WLFI Project Acquires 1917 ETH and 830,468 MOVE with $5 Million and $470,000 Purchases

In a recent development highlighted by COINOTAG on February 12, the Trump-backed crypto project WLFI has made significant investments in the cryptocurrency market. Utilizing Onchain Lens for tracking, it was reported that WLFI expended 5 million USDC to accumulate 1,917 ETH. Additionally, the project allocated 470,000 USDC to acquire a substantial 830,468 MOVE tokens. This strategic investment underscores the project’s aggressive stance in increasing its asset base amid fluctuating market conditions. Investors are closely monitoring such transactions as they reflect potential movements in liquidity and market sentiment as the crypto landscape continues to evolve.