- World Liberty Financial (WLFI) increased its BTC and ETH holdings by $10M and $8.6M respectively today.
- On-chain data shows whale investors have been buying during the recent crypto dip in the past two days.
- A potential BTC and ETH price rebound will trigger a euphoric crypto rally amid the resurgence of retail FOMO traders.
President Donald Trump-backed World Liberty Financial (WLFI) has purchased the ongoing crypto dip. According to on-chain data analysis, World Liberty Financial spent 10 million USDC to purchase 84.5 WBTC at an average price of about $118,343.
Additionally, World Liberty Financial spent 8.6 million USDC to purchase 1,911 Ethereum (ETH) at an average price of about $4.5k. As a result, WLFI increased its crypto holdings to a net value of around $98.9 million.
Institutional Investors Buy BTC and ETH Dip
World Liberty Financial was among other whale investors deploying more capital to the crypto market in the past few days. For instance, the U.S. spot BTC and ETH ETFs recorded the highest weekly traded volume of about $40 billion since their inception.
BlackRock’s ETHA and IBIT have led other spot crypto ETFs in significant cash inflows this week. In the last 24 hours, BitMine purchased 106,485 ETH valued at over $470 million. SharpLink Gaming announced its Ether holdings are at around 728k valued at over $3.3 billion.
Meanwhile, on-chain data from Lookonchain shows a mysterious whale purchased 92,899 ETH, valued at about $412 million, in the last four days.
What’s Next for Bitcoin Price
Bitcoin price has recorded macro bullish momentum despite the midterm correction. Since President Trump advised investors to buy in early April 2025, the BTC price has recorded higher highs and higher lows, thus leading to an all-time high earlier this week of about $124k.
From a technical analysis standpoint, BTC price has been retesting a breakout from a bullish flag in the past week. The flagship coin has found a support level above the 100 Moving Average Simple (SMA), which hovered around $116,905 at the time of this writing.
What’s Next for Ethereum Price?
Ethereum price has heavily benefited from the renewed demand from institutional investors. The large-cap altcoin, with a fully diluted valuation of about $534 billion, rallied over 8% in the past week to trade at about $4.4k on Saturday during the mid-London session.
Related: Ethereum’s Institutional Buying Frenzy Could Spark $15K Price Target
In the four-hour time frame, the ETH/USD pair has formed a rising logarithmic trendline. The recent 5% correction has seen the ETH price retest the 50 SMA, in the 4-hour time frame, and also the established rising logarithmic trend.
A potential rebound in the coming days will see the ETH price rally beyond $5k. On the other hand, a drop below the established support will lead to further correction towards $4k.
Related: Fundstrat’s Tom Lee Predicts a $15,000 Ethereum by Year-End, Calls It the “Biggest Macro Trade”
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