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    Vignesh is a young journalist with a decade of experience. A proud alumnus of IIJNM, Bengaluru, he spent six years as a Sub-Editor for a leading business magazine, published from Kerala. His interest in futuristic technologies took him to a US-based software company specialising in Web3, Blockchain and AI. This stint inspired him to view the future of journalism through the lens of next generation technologies. Now, he covers the crypto scene for Coinpedia, uncovering a vibrant new world where technology and journalism converge.

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    Trumpโ€™s Crypto Project WLFI Suffers $4.8M Loss Amid Market Volatility

    Story Highlights
    • 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 ‘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 whatโ€™s really behind these losses? Dive into the details and explore what could be the next big move for Trumpโ€™s venture.

    WLFIโ€™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. Hereโ€™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.

    WLFIโ€™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 projectโ€™s belief in the long-term potential of crypto, even during uncertain times. Itโ€™s clear that the team remains focused on growth, indicating that their journey is far from over.

    To wrap up, Trumpโ€™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.

    Never Miss a Beat in the Crypto World!

    Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

    Despite the losses, the projectโ€™s commitment to crypto signals that this is just the beginning of a much larger story.



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