Crypto:
34018
Bitcoin:
$90.345
% 0.47
BTC Dominance:
%60.3
% 0.38
Market Cap:
$2.96 T
% 0.36
Fear & Greed:
25 / 100
Bitcoin:
$ 90.345
BTC Dominance:
% 60.3
Market Cap:
$2.96 T

WLFI Increases Ether Holdings Threefold in a Week Amid Market Decline

Wlfi

Trump’s DeFi platform, WLFI, is currently holding over $89 million in unrealized losses across its assets.

Trump’s DeFi Platform Increases Ether Holdings Threefold

The decentralized finance (DeFi) platform linked to US President Donald Trump significantly increased its Ether (ETH) holdings over the past week as the cryptocurrency’s price fell below $2,000.

Trump’s World Liberty Financial (WLFI) DeFi platform tripled its Ether holdings in the past seven days as ETH dropped below the $2,000 psychological threshold, falling to $1,991 on March 4.

According to data from Arkham Intelligence, WLFI now holds about $10 million more in Ether than a week ago. In addition to the Ether acquisition, the platform also bought $10 million worth of Wrapped Bitcoin (WBTC) and $1.5 million worth of Movement Network (MOVE) tokens.

Currently, WLFI is facing over $89 million in unrealized losses across the nine tokens it has invested in, according to data from Lookonchain.

This acquisition came during a period of increased market volatility and rising investor concerns, driven by both macroeconomic factors and crypto-specific events, including the $1.4 billion Bybit hack on February 21.

The recent dip has caused a “broader flight to safety in crypto markets,” with investors seeking safer assets that offer more predictable returns, such as tokenized real-world assets (RWA).

WLFI’s “Macro Strategy” Fund Boosts Ethereum and Crypto Investments

WLFI’s recent digital asset investments follow the launch of its “Macro Strategy” fund, which targets Bitcoin, Ether, and other cryptocurrencies.

READ:  Pantera Capital's 1,000x Success with Bitcoin!

In a February 11 announcement, the fund’s aim was to strengthen these projects and expand their roles in the financial ecosystem:

“Together, we are building a legacy that bridges the worlds of traditional and decentralized finance, setting new standards for the industry.”

The fund intends to diversify the platform’s holdings across a spectrum of tokenized assets to provide a “resilient financial system” and invest in emerging opportunities within the DeFi landscape.

The announcement came after widespread speculation by Ethereum co-founder Joseph Lubin that the Trump family would establish a “giant business” on Ethereum.

“Based on what I know, the Trump family will build one or more giant businesses on Ethereum,” Lubin wrote. “The Trump administration will do what is good for the USA, and that will involve ETH.”

Lubin suggested that the Trump administration might eventually integrate Ethereum technology into government activities, similar to its current use of internet protocols.

Ether currently makes up the largest share of WLFI’s holdings, followed by $14.9 million worth of WBTC and $13.2 million worth of USDT stablecoin.


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