ETH Faces Staggering $80.85M Loss as WLFI’s Investment Portfolio Plummets
ETH/USDT
$39,049,302,904.94
$2,145.26 / $2,009.54
Change: $135.72 (6.75%)
-0.0018%
Shorts pay
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.
