CoinInsight360.com logo CoinInsight360.com logo
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
coinpedia 2025-03-06 11:46:47

Donald Trump’s WLFI Buys $10M Worth Of Ethereum Amid Market Drop

The post Donald Trump’s WLFI Buys $10M Worth Of Ethereum Amid Market Drop appeared first on Coinpedia Fintech News Donald Trump’s DeFi platform, World Liberty Financial (WLFI) , has made a massive purchase by tripling its Ethereum (ETH) holdings, even as prices dropped below $2,000. Despite the market crash, WLFI continues to invest heavily in crypto, showing confidence in its long-term growth. WLFI Tripled Ether Holdings In a Week According to on-chain data from Lookonchain, WLFI recently transferred $25 million USDC into a newly created multi-signature wallet, signaling its intent to expand its crypto portfolio. The fund executed major purchases, including; https://twitter.com/lookonchain/status/1897462956021137889 4,468 ETH for $10 million at an average price of $2,238 per ETH. 110.6 Wrapped Bitcoin (WBTC) for $10 million at $90,420 per BTC. 3.42 million MOVE tokens for $1.5 million at $0.439 per token. With about $3.5 million USDC still available, speculation is rising that WLFI could continue adding to its holdings soon. Currently, ETH remains WLFI’s largest holding with $16.34 million , followed by $14.8 million in WBTC and $13.25 million in USDT stablecoins. WLFI Faces Heavy Losses Despite buying more crypto, WLFI is facing over $89 million in unrealized losses across nine tokens. This comes at a time when the crypto market is struggling due to big events like the $1.4 billion Bybit hack, the largest in crypto history, and other economic concerns. While many investors are moving toward real-world assets (RWA) for safety, WLFI is taking a different path, believing in a long-term crypto comeback. WLFI’s Crypto Fund Expands Strategy WLFI’s recent investments come after launching its Macro Strategy fund , which focuses on Bitcoin, Ethereum, and selected altcoins. The goal is to build a strong and balanced crypto portfolio while exploring new opportunities in DeFi. Meanwhile, speculation is growing that Trump’s family may launch “one or more giant businesses” on Ethereum and even hinted at the possibility of Ethereum being used in government operations noted by Ethereum co-founder Joseph Lubin.

阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约