In a surprising move, World Liberty Financial (WLF) — a crypto investment firm reportedly backed by Donald Trump — has acquired 3.64 million EOS tokens for $3 million USDT, executed via PancakeSwap on BNB Chain.

The buy-in price averaged $0.824, and the news alone pushed EOS up nearly 11%.

🧺 What’s in Their Bag?

The EOS investment is part of a broader WLF portfolio that now includes 12 different tokens, ranging from blue-chip assets like ETH, WBTC, LINK to emerging names like MOVE, ONDO, and SEI. The firm has invested a total of $347 million, though the current portfolio value sits closer to $291 million — suggesting they’re comfortable holding through volatility.

This purchase puts EOS, a once-hyped Layer 1 platform, back in the spotlight — particularly after years of fading from mainstream attention.

🔄 Why EOS? Why Now?

While EOS has seen limited innovation compared to other chains, this move could signal speculative positioning — perhaps in anticipation of ecosystem developments or a future political push for specific crypto-friendly narratives.

The use of PancakeSwap on BNB Chain also stands out — a decentralized, cost-efficient route for a relatively large transaction. It may point to growing strategic interest in using DeFi rails for high-value trades, avoiding traditional exchanges.

🧠 Trading insight: Big players don’t chase pumps — they accumulate early. This move may not be about EOS alone but rather a signal of renewed attention to undervalued, legacy Layer 1s.

This article is for informational purposes only and does not constitute investment advice.