'Even Trump Was Hit?'... World Liberty Financial Led by Trump Family Suffers Over 70 Billion Won Loss in Crypto Assets
Uk Jin
Summary
- It was reported that World Liberty Financial, led by President Donald Trump's family, recorded a 21% loss due to the recent decline in the cryptocurrency market.
- The loss for World Liberty Financial amounts to about 76 billion won, with Ethereum showing the largest loss.
- Due to this loss, investors in World Liberty Financial are warned to be cautious of the volatility in the cryptocurrency market.
Amid the overall decline in the cryptocurrency market, it has been revealed that World Liberty Financial (WLFI), a cryptocurrency project led by the family of President Donald Trump, has not escaped losses.
On the 3rd, the cryptocurrency data tracking account Spot On Chain reported on X (Twitter) that "World Liberty Financial has seen a loss of about 21% on its investment of $242.77 million (approximately 357 billion won) between the 19th and 31st." The total loss amounts to $51.7 million, which is about 76 billion won.
Looking at the losses by cryptocurrency held, Ethereum recorded the largest loss at $36.7 million (about 54 billion won), followed by Wrapped Bitcoin (-11.7 billion won) and Etena (-3 billion won).
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
