'Trump Family Suffers Huge Losses After Entering'... World Liberty Financial's Unrealized Losses Approach $110 Million
Summary
- World Liberty Financial is reportedly recording unrealized losses of about $160 million due to the cryptocurrency market crash.
- Particularly, Ethereum accounts for 65% of their total portfolio and is showing significant losses compared to the average purchase price.
- These losses are once again highlighting the need for caution regarding volatility in cryptocurrency investments.
World Liberty Financial (WLFI), known to be closely associated with President Donald Trump's family, has reportedly suffered significant losses as the cryptocurrency market crashed.
According to EmberCN on the 10th, World Liberty Financial's portfolio is currently recording losses of $110 million (approximately 160 billion won). World Liberty Financial purchased nine tokens for about $336 million, and their current value is $226 million.
The cryptocurrency that caused the biggest loss is Ethereum (ETH). Ethereum accounts for 65% of World Liberty Financial's portfolio, and their average purchase price for Ethereum is $3,240. As of 10:30 AM today, Ethereum is trading at $2,040, down 7.38% from the previous day according to CoinMarketCap.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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