BREAKING
329d 3h ago

ETH Faces Staggering $80.85M Loss as WLFI’s Investment Portfolio Plummets

ETH

ETH/USDT

$2,310.13
-5.71%
24h Volume

$25,949,842,738.11

24h H/L

$2,461.81 / $2,222.00

Change: $239.81 (10.79%)

Long/Short
79.6%
Long: 79.6%Short: 20.4%
Funding Rate

-0.0050%

Shorts pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$2,292.30

0.98%

Volume (24h): -

Resistance Levels
Resistance 3$2,656.79
Resistance 2$2,451.98
Resistance 1$2,309.44
Price$2,292.30
Support 1$2,222.80
Support 2$1,669.37
Support 3$1,380.87
Pivot (PP):$2,275.89
Trend:Downtrend
RSI (14):24.4

In a recent analysis by Ember Analysis, it has been revealed that WLFI’s investment portfolio is currently facing a significant downturn, reporting a total loss of $110 million. Out of the original $336 million allocated for the acquisition of nine tokens, only $226 million remains, highlighting the volatility inherent in crypto investments. The largest portion of this portfolio is attributed to Ethereum (ETH), constituting 65% of total holdings. With an average purchase price of $3,240, ETH’s current market value has plummeted to $2,000, culminating in a notable loss of $80.85 million or -37% in value. Conversely, TRX has demonstrated relative resilience, experiencing only a 5% decline since its acquisition, marking it as the least affected asset in WLFI’s diversified portfolio.

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