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
The Dollar Is Back — And Bitcoin May Be in TroubleAfter nearly three months of range-bound trading, the US Dollar Index has broken above the 100 mark, its highest level since August, reigniting concerns across risk asset markets.
Author  Beincrypto
11 hours ago
After nearly three months of range-bound trading, the US Dollar Index has broken above the 100 mark, its highest level since August, reigniting concerns across risk asset markets.
placeholder
Goldman Sachs and Morgan Stanley warn of potential 20% market declineGoldman Sachs and Morgan Stanley CEOs predict a 10-20% market pullback within the next 12-24 months.
Author  Cryptopolitan
11 hours ago
Goldman Sachs and Morgan Stanley CEOs predict a 10-20% market pullback within the next 12-24 months.
placeholder
USD/CAD Price Forecast: Tests seven-month highs near 1.4100USD/CAD extends its gains for the fourth successive session, trading around 1.4060 during the European hours on Tuesday.
Author  FXStreet
11 hours ago
USD/CAD extends its gains for the fourth successive session, trading around 1.4060 during the European hours on Tuesday.
placeholder
XRP, BNB, and SOL record major losses as Bitcoin slides to $105,000Ripple (XRP), BNB, and Solana (SOL) are trading in the red on Tuesday as the broader cryptocurrency market suffers a sell-off wave that has triggered $1 billion in liquidations over the last 24 hours.
Author  FXStreet
14 hours ago
Ripple (XRP), BNB, and Solana (SOL) are trading in the red on Tuesday as the broader cryptocurrency market suffers a sell-off wave that has triggered $1 billion in liquidations over the last 24 hours.
placeholder
US Dollar Index rises to near 100.00 due to cautious Fed policy outlookThe US Dollar Index (DXY) is extending its winning streak for the fifth consecutive session and trading around 99.90 during the Asian hours on Tuesday.
Author  FXStreet
15 hours ago
The US Dollar Index (DXY) is extending its winning streak for the fifth consecutive session and trading around 99.90 during the Asian hours on Tuesday.
goTop
quote