- Eric Trump says his February buy call on Ethereum is now up 30 percent.
- Price jump revives debate over whether social media tips drive crypto markets.
Eric Trump returned to X on 22 July to remind followers that he had urged them to “add ETH” on 3 February, when the token was trading near $2 880.
How am I doing now @TedPillows?
— Eric Trump (@EricTrump) July 22, 2025
Five months later, Ethereum is hovering around $3 730, giving anyone who acted on his advice a paper gain of roughly 35 percent. The post featured a meme of a cartoon minion dropping the microphone, a nod to critics who mocked him when prices fell in March.
Up 35% in 5 months, Pal.
Embrace volatility. If you were smart you would have also bought the dips (as I said to do).
— Eric Trump (@EricTrump) July 22, 2025
The episode has reignited debate over how much sway celebrity traders hold in digital asset markets. The timing of Trump’s endorsement overlapped with a softer regulatory tone from Washington, helping Ethereum post its best quarter since late 2021.
Trump’s post and the price path
The original X post, still pinned to his profile, simply read “In my opinion, it is a great time to add $ETH. It landed after a 25 percent intraday spike that caught futures desks off guard. Ethereum went on to plunge almost 37 percent during the March sell‑off, before clawing back losses and pushing through the $3 800 mark this week. That round‑trip has turned Trump’s one‑line forecast into an unlikely benchmark for retail sentiment.
In my opinion, it’s a great time to add $ETH.
— Eric Trump (@EricTrump) February 3, 2025
Data from derivatives exchange AInvest puts the average entry price for wallets that followed the call at $2 877, implying outperformance versus Bitcoin over the same period. The 49 percent peak‑to‑trough volatility underscores how unpredictable such momentum trades remain.
Broader market context
Analysts note that the rally owes as much to policy headlines as to Trump’s social media presence. President Donald Trump’s push for a federal framework on stablecoins, capped by the House passage of the GENIUS Act last week, has improved risk appetite for the sector and helped dispel fears of a blanket crackdown.
Even so, professional traders stress that a single tweet should never substitute for a disciplined portfolio strategy. Ethereum is still down more than 40 percent from its all‑time high, and funding rates suggest leverage in perpetual futures has crept back to levels seen just before April’s mini‑flash crash. Short‑dated implied volatility remains elevated, signaling that the market expects further sharp swings.
For now, however, Eric Trump is happy to chalk up a win. “If you bought the dip, you are smiling today,” he told his 12 million followers, before adding a thumbs‑up emoji. Whether the rally survives the summer remains to be seen, but the episode is a reminder that in crypto markets an off‑hand remark can still move billions of dollars.
