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World Liberty Financial Reports $4.8M Portfolio Loss, Transfers $59.8M in ETH Blockonomi 2 weeks ago

World Liberty Financial Reports $4.8M Portfolio Loss, Transfers $59.8M in ETH 📉

World Liberty Financial (WLFI), a firm supported by the Trump family, has announced unrealized losses totaling $4.8 million in its cryptocurrency holdings. These include assets such as Ethereum (ETH), Wrapped Bitcoin (WBTC), AAVE, and Chainlink (LINK). The company stated that a recent transfer of $59.8 million in ETH to Coinbase was merely for treasury management purposes and should not be seen as an indication of selling activity.

In addition to these developments, the project has managed to sell 5.36 billion out of a total of 20 billion WLFI tokens, asserting its position in the market amidst volatile conditions.

Source: blockonomi.com ↗

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