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Ethereum (ETH) is up 6% on Wednesday after bouncing off the support level near $3,550. The spot market shows institutional investors and whales maintained a bullish sentiment, potentially scooping up ETH at lower prices during the recent dipDonald Trump-backed DeFi platform, World Liberty Financial (WFLI), spent $12 million on Ethereum (ETH), Chainlink (LINK), and Aave (AAVE) on Thursday, sparking a 2% rise in ETH and over 20% rallies in LINK and AAVE
In November, WFLI already announced the integration of Chainlink and Aave into its Decentralized Finance (DeFi) ecosystem.According to Lookonchain data on Thursday, Trump’s World Liberty Financial multisig wallet spent a total of $12 million USDC stablecoin in purchasing $10 million to buy 2,631 ETH, $1 million to buy 41,335 LINK and $1 million to buy 3,357 AAVE