
Trump's WLFI has incurred substantial unrealised losses, exceeding $4.8 million, primarily due to the recent market downturn.
Despite these losses, WLFI has remained invested, indicating confidence in the long-term potential of the crypto market.
Recent transactions, including WBTC exchanges for ETH and USDC, have been characterized as routine adjustments and not indicative of a selling spree.
US president-elect Donald Trump
Donald Trump
Donald J. Trump is a US-based entrepreneur, Pro-crypto Politician, and the 45th and 47th President of the United States of America. He understands the importance and needs of the modern fintech world, and people look up to him as a dominant pro-crypto leader.
Quick Facts
Full name Donald John Trump Birth 14-06-1946, New York, United States Nationality American Education BS from the University of Pennsylvania Known For Businessman, Pro-Crypto Politician
Once doubtful about Bitcoindominance, he said in a tweet in 2019, “I am not a fan of Bitcoin", but now has a significant amount of cryptocurrency holdings in his kitty. He has also signed an Executive Order to establish a Strategic Bitcoin Reserve, which highlights his commitment to the future of cryptocurrency.
Donald Trump - Career Highlights & Events
2016 – Elected as the 45th President of the United States from the Republican Party. 2017 – Signed the Tax Cuts and Jobs Act, impacting investment environments 2019 – Criticized Bitcoin and Libra on X, dubbing them as "not money" 2024 – Campaign signals potential openness to crypto-friendly reforms 2025 – Elected as the 47th President of the United States from the Republican Party.
A meme coin, $TRUMP, is associated with Donald Trump, which is listed on the Solana blockchain platform. His family also backs World Liberty Financial (WLF), a crypto venture.
President ‘s crypto project, World Liberty Financial (WLFI), has quickly gained attention in the crypto community. With $4.8 million in unrealized losses and some major transactions making waves, the project has sparked plenty of discussion.
But what’s really behind these losses? Dive into the details and explore what could be the next big move for Trump’s venture.
WLFI’s Early Moves in Crypto
WLFI, which was launched in September, made its first crypto purchase in December. Among the cryptos it initially purchased were prominent cryptocurrencies like Ethereum, AAVE and LINK. Later, it added some sensational crypto like Wrapped Bitcoin Price Chart, ONDO and Ethena.
Over the past month, WLFI has faced heavy losses across its portfolio. Here’s how its holdings have performed:
- Ethereum: -18.9%
- AAVE: -26.2%
- LINK: -33.3%
- WBTC: -7.4%
- ONDO: -44.4%
- Ethena: -35.8%
The $4.8M Unrealized Loss: Why It Happened
Reports show that WLFI has suffered a significant unrealized loss of $4.8 million. The primary cause behind this is market uncertainty. Cryptos like ETH, WBTC, AAVE, LINK, and ONDO have experienced sharp declines, which have contributed heavily to the loss.
WLFI’s Suspicious Transactions: What You Should Know
A recent post from Lookonchain revealed that WLFI had exchanged some of its WBTC for ETH and USDC for WBTC. These transfers raised concerns that the project might be preparing to sell off more assets. However, WLFI’s leadership has dismissed these concerns, calling the moves routine and rejecting the idea of a potential sell-off.
WLFI Plays the Long Game
Despite facing major unrealized losses, WLFI has stayed committed to its position in the crypto market. This shows the project’s belief in the long-term potential of crypto, even during uncertain times. It’s clear that the team remains focused on growth, indicating that their journey is far from over.
To wrap up, Trump’s WLFI crypto project has shown resilience in the face of market volatility. With $4.8 million in unrealized losses and significant transactions, the project is positioning itself for long-term success in the crypto space. While short-term setbacks are clear, WLFI’s confidence in the future of crypto suggests that their story is just beginning.
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Despite the losses, the project’s commitment to crypto signals that this is just the beginning of a much larger story.