Donald Trump’s World Liberty Financial Becomes Top 0.1% Holder of Staked Ethereum After Massive Accumulation
New data from crypto analytics platform Arkham reveals that President Donald Trump’s decentralized finance (DeFi) platform has become a top 0.1% holder of staked Ethereum (stETH) after gobbling up tens of millions of dollars worth of ETH. In a new thread on the social media platform X, Arkham says that World Liberty Financial (WLFI) – which launched earlier this year – is staking $33 million worth of the top altcoin, making them a top 0.1% holder of stETH. The data also unveils other notable holdings of WLFI, which include $182 million worth of ETH, $55.6 million worth of the stablecoin USDC, $48 million worth of Wrapped Bitcoin (WBTC), $6.9 million worth of crypto lending protocol Aave (AAVE), and $6.2 million worth of decentralized oracle provider Chainlink (LINK). Arkham goes on to note that WLFI purchased both ETH and WBTC on January 20th, the day of Trump’s second inauguration, to celebrate his return to the White House. “Trump’s Worl...