Trump-Linked WLFI Crypto Portfolio Tanks 21%, Losing $51.7M Amid Market Slump
World Liberty Financial (WLFI) faced a significant setback in its crypto portfolio, losing $51.7 million as the market experienced a sharp downturn.
The drop came on the heels of U.S. President Donald Trump’s implementation of import tariffs on Canada, Mexico, and China. This has spurred a broader global market shift as investors sought safer assets.
Coinglass data revealed that total liquidations across the crypto market reached $2.22 billion in the past 24 hours, impacting 724,783 traders. WLFI, a Trump-linked crypto initiative, was hit particularly hard by the slump.
Heavy Losses in WLFI’s Crypto Portfolio
Between January 19 and January 31, World Liberty Financial invested $242.77 million across multiple assets. However, this acquisition is facing a massive unrealized loss of $51.7 million.
The most significant holding is Ethereum (ETH), with 45,405 ETH acquired at an average price of $3,303. ETH’s present valuation of $2,495 has resulted in a $36.67 million unrealized loss, the highest in absolute terms.
Its Wrapped Bitcoin (WBTC) holding has also declined, with 629.095 WBTC purchased at an average of $106,248 per BTC. The current price of $93,426 has led to an unrealized loss of $8.07 million, a decrease of 12.07%. Other assets in the portfolio faced even steeper declines.
Ethena (ENA) saw the highest percentage drop at 43.72%, while AAVE and LINK recorded losses of 35.74% and 30.27%, respectively.
In particular, every asset in WLFI’s portfolio is currently in negative territory, with losses ranging from 12% to 43.72%.
Strategic Investment Before Crash
Before these setbacks, WLFI had continuously acquired crypto. It recently increased its Ethereum holdings to over 70,000 ETH, spending an additional $10 million USDT to buy 2,972 ETH. This move raised the fund’s total ETH investment to approximately $235 million.
On January 28, WLFI allocated another $1.88 million in USDC to acquire 2.398 million MOVE tokens. Over the previous seven days, the fund had invested $222.77 million across seven cryptocurrencies, including $129.95 million in ETH, $66.84 million in WBTC, $10 million in TRX, and $4.7 million each in AAVE, ENA, and LINK.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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