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
Ignoring Strategy Reduction Warning, Bitcoin Nears $82,000, Hitting Highest Price Since FebruaryTradingKey - Bitcoin prices continue to surge toward $82,000; however, will MicroStrategy's sell signal trigger a Bitcoin price crash?On May 6, although the largest Bitcoin holder, MicroStrategy ( MST
Author  TradingKey
10 hours ago
TradingKey - Bitcoin prices continue to surge toward $82,000; however, will MicroStrategy's sell signal trigger a Bitcoin price crash?On May 6, although the largest Bitcoin holder, MicroStrategy ( MST
placeholder
WTI slumps to near $97.50 as Trump pauses Hormuz operationWest Texas Intermediate (WTI), the US crude oil benchmark, is trading around $97.50 during the early Asian trading hours on Wednesday. The WTI price falls amid easing tensions in the Middle East.
Author  FXStreet
18 hours ago
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $97.50 during the early Asian trading hours on Wednesday. The WTI price falls amid easing tensions in the Middle East.
placeholder
WTI Oil pulls back as Hormuz supply worries ease, Iran-US tensions keep volatility highWest Texas Intermediate (WTI) trades around $101.10 on Tuesday, down 1.26% at the time of writing, after posting strong gains the previous day amid escalating geopolitical tensions in the Middle East.
Author  FXStreet
Yesterday 10: 32
West Texas Intermediate (WTI) trades around $101.10 on Tuesday, down 1.26% at the time of writing, after posting strong gains the previous day amid escalating geopolitical tensions in the Middle East.
placeholder
Crypto Overview: Toncoin, Terra Classic rise by double digits as Bitcoin grips $80,000Bitcoin (BTC) rises above $80,000 at press time on Tuesday, triggering a broader market recovery despite the US-Iran ceasefire at risk as tensions resurface. Toncoin (TON) and Terra Classic (LUNC) are leading the market recovery with double-digit gains over the last 24 hours.
Author  FXStreet
Yesterday 09: 01
Bitcoin (BTC) rises above $80,000 at press time on Tuesday, triggering a broader market recovery despite the US-Iran ceasefire at risk as tensions resurface. Toncoin (TON) and Terra Classic (LUNC) are leading the market recovery with double-digit gains over the last 24 hours.
placeholder
Australian Dollar holds losses ahead of RBA policy decisionAUD/USD extends its losses for the second successive day, trading around 0.7160 during the Asian hours on Tuesday. Traders expect the Reserve Bank of Australia (RBA) to deliver an interest rate hike later in the day.
Author  FXStreet
Yesterday 01: 34
AUD/USD extends its losses for the second successive day, trading around 0.7160 during the Asian hours on Tuesday. Traders expect the Reserve Bank of Australia (RBA) to deliver an interest rate hike later in the day.
goTop
quote