Ethereum is experiencing a significant price increase, driven by recent transactions involving the Trump-linked entity World Liberty Financial. Blockchain analytics platform Lookonchain reports that World Liberty recently acquired 1,076 ETH worth $5.025 million USDC at the prevailing market price of $4,670. This comes after World Liberty sold a significant portion of its Ethereum holdings following a substantial loss earlier in the year. The recent purchase was part of an ongoing attempt to regain lost ground in the cryptocurrency market. 5,471 ETH worth $8.01 million were also sold by World Liberty a few days ago. This sale followed a massive spending spree that saw them accumulate nearly $210 million worth of Ethereum at an average price of $3,259. The current position remains in the red by around $125 million. 5,471 ETH were sold for $8.01 million at a rate of $1,465 per token. The news was announced by Eric Trump, Vice President of Trump Media Group and co-founder of World Liberty. He shared his excitement about the roadmap on X, hinting at further developments. This move comes as Coinbase expands its portfolio by listing World Liberty’s USD stablecoin alongside other tokens on their platform across Ethereum, Base, and Solana networks. Furthermore, a long-dormant Bitcoin whale has shown increased activity in the Ethereum market, converting a large portion of its Bitcoin holdings into ETH worth $270 million. The same entity is also involved with 135,265 ETH derivatives positions valued at $580 million and could potentially control multiple wallets using similar strategies. Ethereum’s prices have risen significantly as a result of these events. As of the latest data, Ethereum trades at $4,765, marking a 13.07% increase in the past 24 hours with trading volumes exceeding $59 billion. This rally is gaining momentum thanks to both political projects and Bitcoin whales, with Coinbase’s roadmap updates further fueling the excitement.