BREAKING
292d 12h ago

WLFI Expands Its DeFi Portfolio with Significant AVAX and MNT Acquisitions Amidst Market Challenges

AVAX

AVAX/USDT

$13.27
+6.84%
24h Volume

$497,217,105.05

24h H/L

$13.86 / $12.40

Change: $1.46 (11.77%)

Data provided by COINOTAG DATALive data
Avalanche
Avalanche

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Volume (24h): -

WLFI Expands Its DeFi Portfolio with Significant AVAX and MNT Acquisitions Amidst Market Challenges

According to recent reports from COINOTAG on March 16th, the DeFi initiative WLFI, supported by the Trump family, executed substantial transactions involving AVAX and MNT. Specifically, a total of 200 million U was allocated to acquire 103,911 AVAX at a rate of $19.25, in addition to securing 2.45 million MNT for $0.81 per token. To date, WLFI’s strategic investments have totaled approximately 340 million U, encompassing a diverse portfolio of 11 different tokens, yet it currently faces an unrealized loss of around one-third, equating to $115 million. This portfolio includes prominent tokens such as ETH, WBTC, TRX, LINK, and AAVE. Intriguingly, WLFI appears to have “carried” several tokens, reflecting a direct involvement of the project team in its holdings. Notably, over half of WLFI’s investments—58%—are concentrated in ETH, which alone has incurred a significant loss of $88 million.

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    WLFI Expands Its DeFi Portfolio with Significant AVAX and MNT Acquisitions Amidst Market Challenges - Breaking News