WLFI Expands Its DeFi Portfolio with Significant AVAX and MNT Acquisitions Amidst Market Challenges
WLFI/USDT
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$0.1041 / $0.0981
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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.
