World Liberty Financial Expands Holdings with More WBTC and MOVE Tokens

Best Altcoins to Invest In: Top 5 Picks for 2024

  • Trump’s World Liberty Expands crypto holdings with WBTC and MOVE, boosting market confidence.
  • Massive acquisitions trigger price surges, with WBTC up 2.3% and MOVE gaining 3.7%.
  • On-chain data shows increased activity, signaling strong investor interest in these assets.

World Liberty Financial continues making bold moves in crypto. The fund recently bought 52.07 WBTC for $5 million and 2.53 million MOVE tokens worth $1.41 million. Large-scale purchases like these often trigger market reactions, and this time was no different. WBTC jumped 2.3%, while MOVE gained 3.7% shortly after the transactions. Notably, World Liberty has aggressively acquired multiple cryptocurrencies since November, reinforcing a strong belief in long-term price growth.

Massive Crypto Accumulation Signals Confidence

World Liberty’s recent acquisitions fit into a broader strategy. The fund has spent millions stacking crypto assets, securing 63,030 ETH for $210 million, 699 WBTC for $73.54 million, 40.72 million TRX for $10 million, and 256,315 LINK for $6.7 million. For context, these numbers show a calculated effort to position for future gains. A buying spree of this scale often reflects growing confidence in market stability and upside potential.

Interestingly, the market responded immediately. Wrapped BTC—WBTC, rose from $96,102 to $98,280, with trading volume surging 45% to 1,200 WBTC. MOVE climbed from $0.56 to $0.58, with volume spiking 60% to 5 million tokens. Such a rapid reaction highlights increased investor interest and the influence of major purchases.

Key Market Signals Suggest Bullish Outlook

Technical indicators point to potential gains ahead. WBTC’s RSI sits at 68, showing strong momentum but leaving room for further upside. The MACD indicator also signals bullish conditions, reinforcing optimism for short-term growth. MOVE’s RSI of 72 suggests heavy demand, pushing prices higher.

On-chain data supports this sentiment. WBTC active addresses jumped 10%, while transaction volume climbed 15%. Movement—MOVE, saw a 20% spike in active addresses and a 25% surge in transactions. These metrics reflect heightened activity following World Liberty’s investments.

This aggressive buying pattern could shape upcoming market trends. Traders will closely monitor future moves, as large-scale acquisitions often signal shifting sentiment and emerging opportunities.


Earn more PRC tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://parrotcoin.net0


PRC Comment Policy

Your comments MUST BE constructive with vivid and clear suggestion relating to the post.

Your comments MUST NOT be less than 5 words.

Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.

Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.

Constructive REPLY to comments is allowed

Leave a Reply