WLFI Expands Crypto Holdings with $5.47M ETH and MOVE Purchase
Highlights:
- WLFI has splashed $5.47 million in new crypto investments involving Ethereum and MOVE.
- The investment firm bought 830,469 MOVE coins and 1,917 ETH tokens.
- Trump’s company unrealized losses hit over $50 million amid market declines.
The United States President-backed crypto investment firm, World Liberty Financial (WLFI), has increased its crypto holdings with a fresh investment worth $5.47 million. As usual, the renowned on-chain firm Spotonchain tracked the transaction, which it reported on its verified X handle. According to Spotonchain, WLFI invested in Ethereum (ETH) and MOVE.
Notably, the investment firm spent $5 million in USD Coin (USDC) to buy 1,917 Ethereum tokens and invested the remaining $470K in 830,469 MOVE coins. The on-chain tracker added that over the past two days, WLFI has been purchasing MOVE tokens. Within the specified timeframe, the Donal Trump crypto firm has spent $940K USDC to amass 1.634 million MOVE coins.
Following the consistent purchases, Spotonchain said that WLFI’s total MOVE holdings have increased to about 4.03 million coins, worth $2.17 million. Notedly, the tokens were spread across Coinbase and WLFI’s wallet. 2.05 million MOVE coins are held in the exchange, while the remaining 1.98 million tokens are kept on-chain. Following the generalized market declines, the MOVE coins have incurred $640K in unrealized losses, reflecting a 23% decline.
World Liberty Financial (@worldlibertyfi) continues accumulating $ETH and $MOVE!
4 hours ago, the fund spent 5M $USDC to buy 1,917 $ETH and 470K $USDC to acquire 830,469 $MOVE.
Over the past 2 days, it has spent $940K USDC in total to buy 1.634M $MOVE at an average price of… https://t.co/ee0rgXkduK pic.twitter.com/KVHfUWeg1j
— Spot On Chain (@spotonchain) February 12, 2025
WLFI Suffers Over $50 Million in Unrealized Profits
At the time of writing, the entire crypto market valuation has dropped to about $3.27 trillion, courtesy of a 4.5% decline in the past 24 hours. With the generalized declines, Bitcoin has depreciated to approximately $95,000, while Ethereum is trading around the $2,600 price region.
Considering the statistics above, it becomes glaring that WLFI has plunged into significant financial losses. Estimating the forfeited amount, a verified X account familiar with the topic revealed that the investment firm lost $55.34 million. “On Feb 12, WLFI added 1,916.7 $ETH & 830K $MOVE (~$5.47M). If unsold, total unrealized losses now stand at $55.34M, with the top three losing positions,” the X handle disclosed.
In the same tweet, the handler spotlighted three assets that contributed the highest losses. They include Ethereum, Wrapped Bitcoin (WBTC), and Ethena Labs (ENA). ETH cost WLFI $3,300 in the average purchase price. However, following the declines, the ETH holdings forfeited $42.65 million. For WBTC, the investment firm spent an average of $105,183 per token and has since lost $5.93 million. Finally, the ENA tokens in the WLFI crypto portfolio cost $0.9183 per coin. The losses from ENA are worth roughly $2.75 million.
Trump’s crypto project @worldlibertyfi faces massive unrealized losses—over $55M in the red!
On Feb 12, WLFI has added 1,916.7 $ETH & 830K $MOVE (~$5.47M). If unsold, total unrealized losses now stand at $55.34M, with the top three losing positions:
📉 $ETH – Cost: $3,300 |… pic.twitter.com/oEuXntZuV0
— Followin (@followin_io) February 12, 2025
Remarkably, these losses did not deter WLFI from increasing its crypto holdings. It underscores strong faith in crypto reward potential and profitability as a dependable store of value. Moreover, in other news, the Trump-backed company announced it has unveiled a macro strategic reserve. The setup is targeted toward helping WLFI expand its crypto portfolio, which invariably implies that it will not relent on its crypto purchase anytime soon.
WLFI On-chain Crypto Holdings Hits $37 Million
After transferring a significant portion of its crypto holdings to Coinbase, WLFI On-chain crypto stores dropped markedly. However, following consistent purchases, the portfolio has started expanding. Presently, it holds over 150 tokens valued at roughly $37.97 million.
Tron (TRX) remains the most valuable asset in the wallet. There are 40.718 million TRX tokens worth roughly $9.71 million in WLFI’s on-chain crypto holdings. Some other valuable assets in the wallet include USDC, Staked Ethereum (STETH), ETH, Tether (USDT), MOVE, and ONDO.
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Chinedu Agbakwusi
Chinedu Agbakwusi is a news writer and editor for Crypto2Community. He is a crypto enthusiast with vast experience across several crypto-related projects and platforms. Chinedu has been following the development of the crypto market for several years, and he is optimistic about its potential to democratise the global financial system. He hopes to be a reliable plug for reporting trends and breaking down complex concepts to his readers. Agbakwusi's previously written for several crypto news including Times Tabloid, UPay, while also contributing over the years to many others leading media publications.
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