#Trump Family's Crypto Project Suffers Losses#
Hot Topic Overview
Overview
The Trump family's crypto project WLFI has been continuously investing funds, spending $222.9 million to buy 7 tokens, including ETH, WBTC, TRX, AAVE, ENA, and LINK. Despite the project's continued purchases, WLFI's investment portfolio is currently experiencing a loss, with a total loss of $2.67 million. Among them, WLFI has invested the most in ETH, reaching $99.95 million, and has exchanged its 5,252 ETH for stETH, which has been staked on Lido. In addition, WLFI has increased its holdings of TRX by 1,080,900, worth $2.62 million. Despite the project's continued investment, WLFI's investment portfolio is still in a loss state, and its future development remains to be seen.
Ace Hot Topic Analysis
Analysis
The Trump family's crypto project World Liberty Financial (WLFI) has been making frequent moves in the crypto market lately, but it is currently facing losses. According to on-chain analyst EmberMonitor, WLFI has spent a cumulative $222.9 million buying 7 tokens, with a current floating loss of $2.67 million. In the past 3 days, WLFI has spent $168.4 million buying 6 tokens, including ETH, WBTC, TRX, AAVE, ENA, and LINK, and has expanded all its existing positions except ONDO. In addition, WLFI has also exchanged 5252 ETH for stETH and staked it on Lido, and purchased 1,080.9 million TRX via Cow Protocol, worth $2.62 million. Despite WLFI's continued investment in the crypto market, its portfolio is currently experiencing losses, raising questions about its investment strategy.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Trump family's encrypted project WLFI investment is huge, it has spent $222.9 million to buy 7 tokens.
WLFI investment strategy is biased towards mainstream cryptocurrencies, such as ETH and WBTC.
WLFI is currently in a floating loss state, with a loss of $2.67 million.
WLFI investment strategy includes staking and holding, such as exchanging ETH for stETH and staking it to Lido, and increasing TRX holdings.