ETH breaks through the $2300 mark

Odaily Planet Daily News: Bitwise Chief Investment Officer Matt Hougan recently stated that the Trump administration's cryptocurrency reserves will primarily consist of Bitcoin and may be much larger than market expectations. He believes that Bitcoin will dominate and become a core asset.

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ETH has risen, with a trading volume of $37.1 billion in the past 24 hours and a circulating market value of $281.2 billion, representing a 0.98% increase in market value. Data for reference only

Binance BNB/USDT is currently trading at $600.32, with a 24-hour decline of 0.21%. Please pay attention to market fluctuations.

Odaily Planet Daily News: According to Arkham data, Trump's decentralized finance (DeFi) platform, World Liberty Financial (WLFI), significantly increased its holdings when ETH fell below $2000 recently, adding about $10 million in ETH within a week, bringing its total holdings to 66239 ETH and market value to about $225 million. In addition, WLFI also purchased $10 million in Encapsulated Bitcoin (WBTC) and $1.5 million in Movement Network (MOVE) tokens. However, according to Lookonchain data, WLFI has incurred unrealized losses exceeding $89 million on the nine tokens it has invested in.