17-8-2025 – Eric Trump, son of U.S. President Donald Trump, urged investors to “buy the dips” following a significant cryptocurrency purchase tied to the Trump family’s World Liberty Financial (WLFI) project. A WLFI-associated address spent $18.6 million to acquire 1,911 ETH and 84.5 WBTC, as first reported by blockchain analytics firm Lookonchain.
The transaction occurred amid a market dip, with Ethereum trading around $3,500 and Bitcoin below $114,000.The purchase aligns with Eric Trump’s ongoing bullish stance on cryptocurrencies, particularly Bitcoin and Ethereum. He has repeatedly advocated for buying during price corrections, a strategy echoed by WLFI’s recent acquisition. The Trump family’s DeFi venture has been active in the crypto space, with prior purchases including 77,226 ETH at $3,294 per token in late 2024. However, earlier this year, WLFI faced criticism after selling 5,500 ETH at a 55% loss, highlighting the risks of volatile markets.