Eric Trump has recommended buying ETH following a major correction. The Trump family’s company, World Liberty Financial (WLFI), increased its Ethereum holdings in its portfolio.

In my opinion, it’s a great time to add $ETH.
— Eric Trump (@EricTrump) February 3, 2025

“In my opinion, now is a great time to add ETH,” wrote Eric Trump.

His comment was posted amid a significant drop in cryptocurrency prices, triggered by Donald Trump’s statements about tariffs. On February 3, Ethereum’s price fell below a three-month low of $2400, but it partially recovered and, at the time of writing, is trading at $2720.

WIFI Reassessing Crypto Portfolio? According to Spot On Chain data, on February 3, World Liberty Financial conducted major transactions with its crypto portfolio.

World Liberty Financial (@worldlibertyfi) moved $307.41M in 8 assets to #CoinbasePrime 6 hours ago—as part of treasury management and business operations.

Shortly after, the project unstaked 19,423 $stETH to $ETH and further spent 5M $USDC to buy 1,826 $ETH at $2,738.… https://t.co/Rp9NAFUs5N pic.twitter.com/5bfIvJma7U
— Spot On Chain (@spotonchain) February 4, 2025

The company moved $307.41 million worth of assets, including ETH and WBTC, to the custodial platform Coinbase, withdrew 19,423 stETH from staking, and spent 5 million USDC to buy 1,826 ETH at $2738.

In response to inquiries about these transactions, WLFI stated that they are routine portfolio rebalancing procedures and not a preparation for token sales.

We’re making routine movements of our crypto holdings as part of regular treasury management, and payment of fees and expenses and to address working capital requirements. To be clear, we are not selling tokens—we are simply reallocating assets for ordinary business purposes.…
— WLFI (@worldlibertyfi) February 3, 2025

“For clarity: we are not selling tokens — we are simply reallocating assets for regular business purposes. These actions are aimed at maintaining a strong, secure, and efficient treasury,” the company emphasized.

As a result, the total value of crypto assets in WLFI’s wallets has decreased by 90%, from $363 million to $33 million.

Community Concerns According to Blockworks, World Liberty Financial is offering crypto projects “mutual token purchases”: interested projects pay at least $10 million for unreleased WLFI tokens and 10% “commission,” while the Trump company commits to purchasing the project’s assets for the same amount.

WLFI is expected to launch in Q3 2025 with an FDV of $1.5 billion, with no token vesting planned.

Reportedly, Movement Labs and TRON have agreed to the “investment exchange” terms.

In January, WLFI acquired MOVE tokens worth around $2 million, two hours before Movement officially announced its network’s launch for developers.

Additionally, there were rumors circulating within the community about a potential connection between the project and the recently established Department of Government Efficiency (DOGE), headed by Elon Musk.

Movement Labs co-founder Rushi Manch denied any links to the Trump project, emphasizing that it was a standard market purchase. He also stated that he was unaware of any collaboration with Musk’s department and confirmed no asset exchange agreements with WLFI.

A TRON representative also denied the existence of any exchange agreement.

At the time of writing, WLFI’s portfolio includes $8.81 million in TRX coins, and almost all of the MOVE tokens have been withdrawn to Coinbase Prime.

As a reminder, in November, TRON founder Justin Sun became the largest investor in World Liberty Financial.