Notification
Mycryptopot
  • Home
  • News
  • Crypto
    • Altcoins
    • Bitcoin
    • Blockchain
    • Cardano
    • Ethereum
    • Nft
    • Solana
    • XRP
    • Tron
  • MarketCap
  • Market
  • Forex
  • Mining
  • Metaverse
  • Exchange
  • Regulations
  • Analysis
    • Crypto Bubbles
    • Multi Currency
    • Evaluation
Reading: Trump-backed WLFI Sees $110M Crypto Loss Amid Dip
Share
bitcoin
Bitcoin (BTC) $ 105,107.16
ethereum
Ethereum (ETH) $ 2,519.52
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 647.35
usd-coin
USDC (USDC) $ 0.999971
xrp
XRP (XRP) $ 2.16
binance-usd
BUSD (BUSD) $ 0.995817
dogecoin
Dogecoin (DOGE) $ 0.174603
cardano
Cardano (ADA) $ 0.625387
solana
Solana (SOL) $ 145.22
matic-network
Polygon (MATIC) $ 0.197835
polkadot
Polkadot (DOT) $ 3.77
tron
TRON (TRX) $ 0.272303
MycryptopotMycryptopot
Search
  • Home
  • News
  • Crypto
    • Altcoins
    • Bitcoin
    • Blockchain
    • Cardano
    • Ethereum
    • Nft
    • Solana
    • XRP
    • Tron
  • MarketCap
  • Market
  • Forex
  • Mining
  • Metaverse
  • Exchange
  • Regulations
  • Analysis
    • Crypto Bubbles
    • Multi Currency
    • Evaluation
© 2024 All Rights reserved | Powered by Crypto My Crypto Pot
Mycryptopot > Market > Trump-backed WLFI Sees $110M Crypto Loss Amid Dip
Market

Trump-backed WLFI Sees $110M Crypto Loss Amid Dip

March 12, 2025 3 Min Read
Share
Trump-backed WLFI Sees $110M Crypto Loss Amid Dip
mycryptopot

The full loss from the Trump-backed World Liberty Monetary Initiative (WLFI) has reached $110 million.

The venture initially allotted $336 million to buy 9 crypto property, which have now dropped in worth to $226 million. Ethereum (ETH) makes up 65% of the holdings and can also be the asset with the most important recorded loss.

mycryptopot

WLFI acquired Ethereum at a mean worth of $3,240 per token, however the present worth is at roughly $2,059. This decline has considerably impacted the portfolio, with ETH contributing considerably to the general devaluation. Different property within the WLFI portfolio have additionally suffered losses, additional compounding the monetary setback.

Breakdown of WLFI’s Holdings

An evaluation of considered one of WLFI’s crypto wallets exhibits that it has 7,516 ETH valued at $15.53 million, marking a 5.3% decline over the previous day. This pockets holds 13.59 million USDT, which has remained secure. In the meantime, this deal with additionally holds 162.69 Wrapped Bitcoin (WBTC), presently valued at $13.36 million, reflecting a 4.11% drop.

WLFI Crypto Holdings

Further notable property embody 4,974 staked ETH (STETH) valued at $10.27 million, down by 5.43%. Tron (TRX) accounts for 40.718 million tokens, valued at $9.54 million, after dropping 2.95%. One other vital asset is 10 billion WHITE tokens, value $5.99 million, which have recorded the most important drop of 24.17%.

mycryptopot

Additional stablecoin holdings embody 5.013 million AETHUSDC, whose worth has remained unchanged. The portfolio additionally contains 7.581 million MOVE tokens, which have declined by 6.6%, bringing their whole worth to $3.54 million.

WLFI’s Shopping for Technique and Absence of XRP

Notably, the latest downturn follows a serious shopping for spree by WLFI on January 20, 2025, coinciding with President Donald Trump’s inauguration. The initiative acquired over $100 million in property, together with 14,403 ETH at $3,333 per token and 94.94 WBTC for $9.84 million. Different acquisitions included 177,928 LINK value $4.7 million and 13,261 AAVE for an equal quantity.

Beforehand, WLFI had amassed 2,631 ETH in December 2024 for $10 million at a mean worth of $3,801 per token. The initiative additionally acquired 41,335 LINK tokens valued at $1 million throughout the identical interval. Nonetheless, regardless of these acquisitions, WLFI has notably excluded XRP, the third-largest crypto by market capitalization.

Hypothesis has emerged concerning a potential shift within the U.S. authorities’s strategy towards XRP. Observers have famous that if the Trump administration intervenes within the Ripple XRP escrow, it may eradicate the necessity for WLFI to accumulate XRP from the open market.

mycryptopot

You Might Also Like

Cardano Mid-April Price Prediction: Will ADA Hit $0.90?

XRP’s Surge to $4.3 Is Inevitable, Here’s Why

X Empire Sells a Soaring 83K NFTs; Will X Empire Airdrop Be a Success?

SEC Warns of FOMO, Pushes Long-Term Strategies as Crypto Matures

Samsung-backed crypto startup Mesh partners with CoinMENA to expand services in MENA

TAGGED:cryptoMarketNews
Share This Article
Facebook Twitter Copy Link
Previous Article Nvidia (NVDA) AI Predicts Ripple’s Price If Franklin Templeton’s XRP ETF Is Approved 
Next Article Bullish bets soar as Bitcoin call options target $120K strike Bullish bets soar as Bitcoin call options target $120K strike
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

- Advertisement -
mycryptopot

Popular News

Tangle Network Partners with Orochi Network to Advance Blockchain Capabilities
Tangle Network Partners with Orochi Network to Advance Blockchain Capabilities
SONEX launches on Soneium’s mainnet 
SONEX launches on Soneium’s mainnet 
Highlights From ABS2024 In Taipei: 13,245 Attendees Gather For Asia’s Premier Blockchain Summit
Highlights From ABS2024 In Taipei: 13,245 Attendees Gather For Asia’s Premier Blockchain Summit
Ripple XRP 13 years old birthday rally
Shiba Inu: 2 Realistic Price Levels SHIB Could Hit By 2030
Ethereum could rally 17% amid Bitwise thesis on ETH contrarian bet
Ethereum could rally 17% amid Bitwise thesis on ETH contrarian bet
Shiba Inu
Solana Unveils “Seeker” Phone: Will SOL Spike To $250 Now?
- Advertisement -
mycryptopot

You Might Also Like

Bitcoin holds above $60k amid heavy volatility after FOMC confirms 50bp rate cut
Bitcoin

Bitcoin holds above $60k amid heavy volatility after FOMC confirms 50bp rate cut

September 19, 2024
CZ Blasts New York Times Over Alleged TRUMP Memecoin Dinner Smear
Market

CZ Blasts New York Times Over Alleged TRUMP Memecoin Dinner Smear

June 12, 2025
Bitcoin
Bitcoin

Bitcoin’s Short-Term Holders Near Capitulation With $7B Losses, Yet Remain Within Bull Market Bounds

March 24, 2025
MARA Holdings Closes Deal for Texas Wind Farm
Mining

MARA Holdings Closes Deal for Texas Wind Farm

February 19, 2025
Mycryptopot

"Welcome to MyCryptoPot, your go-to source for the latest insights and developments in the ever-evolving world of cryptocurrency.

Editor Choice

Ripple’s XRP Outperforms Bitcoin, Solana, Dogecoin: $1 Soon?
Chainproof Combats Ethereum ‘Slashing’ Losses With Guaranteed Yearly Yields
6,663 Ethereum (ETH) Stun Coinbase as Sell-off Continues

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Facebook Twitter Telegram
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Service
Reading: Trump-backed WLFI Sees $110M Crypto Loss Amid Dip
Share
© 2024 All Rights reserved | Powered by Crypto My Crypto Pot
Welcome Back!

Sign in to your account

Lost your password?