{"id":363940,"date":"2025-01-31T23:44:50","date_gmt":"2025-01-31T18:14:50","guid":{"rendered":"https:\/\/dripp.zone\/news\/will-eth-price-hit-4k-crypto-news\/"},"modified":"2025-01-31T23:53:23","modified_gmt":"2025-01-31T18:23:23","slug":"will-eth-price-hit-4k-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/will-eth-price-hit-4k-crypto-news\/","title":{"rendered":"Will ETH Price Hit $4K? – Crypto News"},"content":{"rendered":"

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World Liberty Financial (WLFI), a crypto project associated with the Trump family, has significantly expanded its Ethereum holdings. Reports indicate that WLFI recently purchased 2,971.45 ETH, valued at approximately $9.97 million, bringing its total Ethereum holdings to over 70,157 ETH. The organization has been steadily acquiring ETH since January 15, with consistent daily purchases.<\/span><\/p>\n

World Liberty Financial Continues Large-Scale Ethereum Purchases<\/h2>\n

World Liberty Financial\u2019s latest purchase of $10 million in Ethereum has increased its holdings to 70,157 ETH, worth approximately $235 million. The project\u2019s aggressive accumulation strategy has contributed to growing market interest in Ethereum.<\/span><\/p>\n

Data from <\/span>SpotOnChain<\/span><\/a> shows that WLFI has been buying ETH daily, adding pressure to the market supply. The project\u2019s total crypto assets now exceed $388 million, with Ethereum representing a significant portion of its portfolio.<\/span><\/p>\n

Donald Trump\u2019s WLF has been on a spree of accumulating cryptocurrencies, with a recent CoinGape report highlighting its $109.1 million investment in six digital assets. The <\/span>WLF allocated<\/span><\/a> $71.5 million to Ethereum, acquiring 21,425 ETH at an average price of $3,337, alongside purchases of WBTC, TRX, AAVE, LINK, and ENA. This aggressive accumulation strategy has fueled market activity, driving price surges across multiple tokens.<\/span><\/p>\n

Ethereum Breaks Key Downtrend, Signals Bullish Momentum<\/h2>\n

Notably, Ethereum has recently broken above a key descending trendline, which has acted as resistance for months. This breakout follows multiple failed attempts, indicating a shift in market sentiment. Analysts suggest that if ETH maintains its position above the resistance-turned-support zone, further price gains could follow.<\/span><\/p>\n

A chart shared by analyst Lark Davis highlights Ethereum\u2019s breakout, supported by increased volume. The analyst pointed out that February has historically been a strong month for ETH, suggesting that the current price action could lead to sustained bullish momentum.<\/span><\/p>\n