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International Business Times
International Business Times
Business
Marvie Basilan

Eric Trump Pumps Ethereum, Draws Flak From Bitcoin Maxis As WLFI Moves Millions In $ETH

Eric Trump WLFI Ethereum Crypto Donald Trump DeFi World Liberty Financial Pierre Rochard
Ethereum climbed Monday night after Eric Trump pumped the world's second-largest cryptocurrency by market cap. (Credit: IBTimes US)

KEY POINTS

  • The president's son said it's a great time to buy Ethereum, referring to the market dip
  • $ETH prices climbed after Eric Trump's post, climbing nearly 14% in the day
  • WLFI moved nearly $168 million in $ETH earlier in the day
  • The DeFi project previously purchased $47 million in Ethereum

Presidential son Eric Trump on Monday urged cryptocurrency users to consider buying Ethereum (ETH) while prices haven't recovered significantly, seemingly triggering a price pump on the world's second-largest crypto asset by market cap.

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