Following the decline in the cryptocurrency market, the latest status of the wallet of Donald Trump's cryptocurrency project, World Liberty Financial, which purchased a large amount of altcoins before the decline, is being wondered.
With the market falling, the project’s recently acquired Ethereum (ETH), Wrapped Bitcoin (WBTC), Aave (AAVE), Chainlink (LINK), Ethena (ENA) and Ondo Finance (ONDO) altcoins have all slipped into the red zone. With the latest data, the platform’s total loss amount was measured at $6.15 million.
Interestingly, however, the biggest loss was in Ethereum due to the amount of investment, with the project losing a total of $4.86 million in ETH.
Here is the amount World Liberty Financial paid for the altcoins it purchased and their current value:
- Ethereum – $32.5 million; $4.8 million loss
- Wrapped Bitcoin – $10 million; $417k loss
- Aave – $2 million; $296k loss
- Chainlink – $2 million; $421k loss
- Ethena – $750k; $105k loss
- Ondo Finance – $250k; $48k loss
The platform purchased the ETH in question at an average price of $3,682.
*This is not investment advice.
