Trump’s World Liberty Buys 3.64 Million EOS Tokens in $3M USDT Purchase

• World Liberty buys 3.64 million EOS for $3 million USDT, sparking an 8.7% price surge.
• EOS recovers 109% from its November low, still 96% below its 2018 all-time high.
• The fund’s $107 million crypto portfolio adds EOS to the mix, betting on L1 revival prospects.

World Liberty Financial, a crypto investment fund associated with Donald Trump, has added EOS to its growing portfolio with a 3 million USDT purchase. The transaction, which occurred on PancakeSwap, secured 3.64 million EOS tokens at an average price of $0.824 per token.

Blockchain analysis platform Lookonchain first reported the purchase. Following the large purchase, EOS has seen a price surge of 8.7% over the past 24 hours. At press time, the token is trading between $0.7653 and $0.8601 in its 24-hour range. Despite this recent uptick, EOS has registered a 2.3% decline over the past week.

https://x.com/lookonchain/status/1923249137996206302

EOS Price History Shows Volatility

Over longer timeframes, EOS shows mixed performance, rising 37.7% over the past month but a modest 3.4% gain over the past year. Current EOS market data reveals the token remains 96.3% below its all-time high of $22.71, reached on April 29, 2018, nearly seven years ago. However, the token has doubled from its recent low of $0.4027 recorded in November 2024. This shows a 109.1% recovery over the past six months.

This recovery from the November low is indicative of a possible reversal of trend for EOS, which has been in a long downtrend since the 2018 peak. This buyout of World Liberty can further speed up this recovery if it indicates institutions are showing interest in the asset again.

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In addition to the EOS purchase, World Liberty Financial has built a diversified portfolio of cryptocurrencies with a current value of $106,950,402, according to on-chain data. The fund holds positions in several top cryptocurrencies and stablecoins.

Source: Arkham

Its largest holdings are 162.69 WBTC (wrapped Bitcoin) valued at approximately $26.8 million, 22.374 million USDC valued at $22.37 million, and 7,933 ETH valued at approximately $20.6 million. The fund also has holdings in staked Ethereum (stETH), TRON (TRX), and stablecoins.

EOS Buy Reflects Shift Toward High-Growth Layer-1s

The EOS buy is World Liberty’s latest action, following its diversification strategy for its portfolio. Interestingly, while the fund holds large positions in Bitcoin and Ethereum , the EOS purchase indicates interest in lower market cap layer-1 blockchain alternatives with a higher growth potential.

For EOS, which has languished in trying to remain relevant following its early 2018 peak, institutional attention from prominent investment funds that may be interested in its blockchain platform could be a sign of revival for the blockchain.