Donald Trump’s World Liberty Financial crypto holdings loss over $4.8 million

Source Fxstreet
  • Lookonchain data shows that Trump’s backed DeFi platform World Liberty Financial faces a $4.84 million loss in its crypto holdings.
  • WLFI’s X account announced routine crypto movements for treasury management, fees, and working capital needs.
  • A whale bought 200 million WLFI tokens worth $3 million.

Donald Trump-backed DeFi platform World Liberty Financial (WFLI) faces a $4.84 million loss in its crypto holdings due to the recent market correction, according to Lookonchain data. On Wednesday, WLFI’s official X account posted that WLFI is making routine movements of their crypto holdings as part of regular treasury management, payment of fees and expenses, and address of working capital requirements. Moreover, a whale bought 200 million WLFI tokens worth $3 million.

Trump’s World Liberty Financial portfolio faces losses amid market correction

According to Lookonchain data, the Donald Trump-backed DeFi platform, World Liberty Financial, faces a $4.84 million loss in its crypto holdings. The Defi platform had purchased a total of $51.70 million worth of tokens like Ethereum (ETH), Wrapped Bitcoin (WBTC), AAVE, Chainlink (LINK), (...) and current values stand at $46.85 million due to the recent crypto market correction.

World Liberty’s Token Purchase chart. Source: Lookonchain

World Liberty’s Token Purchase chart. Source: Lookonchain

Moreover, on Wednesday, Trump’s WFLI exchanged 103 WBTC, worth $9.89 million, for 3,075 ETH at $0.03354 and deposited 18,536 ETH, worth $59.8 million, into CoinbasePrime. Afterward, World Liberty spent 1.7 million USDT to buy 17.62 WBTC at $96,491, according to Lookonchain data.

During the same period, WLFI’s official X account posted that WLFI is making routine movements of their crypto holdings as part of regular treasury management, payment of fees and expenses, and address of working capital requirements. 

“To be clear, we are not selling tokens — we are simply reallocating assets for ordinary business purposes,” says the WLFI’s X post. 

WLFI concluded that these actions are intended to be part of maintaining a strong, secure, and efficient treasury. There is no need to speculate — this is all standard practice for managing operations at WLFI.

Lastly, according to Lockonchain, a whale spent 3 million USDC stablecoin on Tuesday to buy 200 million WLFI tokens on Tuesday, indicating rising investors' demand for Donald  Trump-backed DeFi platform World Liberty Financial.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
U.S. to freeze and take control of Venezuela's Bitcoin holdings after Maduro captureThe United States is allegedly moving to freeze and take control of Bitcoin held by Venezuela after the capture of Nicolás Maduro, who is now facing narco-terrorism charges in a federal court in New York. Crypto prices began to rally right after the news broke, as Cryptopolitan earlier reported that Bitcoin led the gains to […]
Author  Cryptopolitan
Yesterday 01: 41
The United States is allegedly moving to freeze and take control of Bitcoin held by Venezuela after the capture of Nicolás Maduro, who is now facing narco-terrorism charges in a federal court in New York. Crypto prices began to rally right after the news broke, as Cryptopolitan earlier reported that Bitcoin led the gains to […]
placeholder
XRP Surges Towards $2.20, Leading Monday Gains as Crypto ETF Flows Tilt in Its FavorXRP rebounds above $2.20 after a 17% weekly surge, supported by $483 million of ETF inflows versus $1.09 billion outflows for Bitcoin ETFs and a $564 million loss for Ethereum products, as traders watch $2.22 resistance and longer-range targets.
Author  Mitrade
Yesterday 08: 14
XRP rebounds above $2.20 after a 17% weekly surge, supported by $483 million of ETF inflows versus $1.09 billion outflows for Bitcoin ETFs and a $564 million loss for Ethereum products, as traders watch $2.22 resistance and longer-range targets.
placeholder
Bitcoin Buying Metric With 109% Average Gains Turns Bullish at $88KInstitutional buying of Bitcoin has surpassed miner supply, driven by renewed investment interest.
Author  Mitrade
22 hours ago
Institutional buying of Bitcoin has surpassed miner supply, driven by renewed investment interest.
placeholder
Silver Price Forecast: XAG/USD bulls look to build on momentum beyond $79.00Silver (XAG/USD) builds on the previous day's positive move and gains strong follow-through traction for the second straight day on Tuesday.
Author  FXStreet
21 hours ago
Silver (XAG/USD) builds on the previous day's positive move and gains strong follow-through traction for the second straight day on Tuesday.
placeholder
Silver Price Analysis: XAG/USD explodes above $80 as rally extendsSilver (XAG/USD) continues to rise parabolically, up more than 5%, trading above the $80.00 threshold a troy ounce, despite rising US Treasury yields and a strong US Dollar.
Author  FXStreet
6 hours ago
Silver (XAG/USD) continues to rise parabolically, up more than 5%, trading above the $80.00 threshold a troy ounce, despite rising US Treasury yields and a strong US Dollar.
goTop
quote