Analysis: If WLFI has not sold the previously purchased crypto assets, its paper loss of $157 million in April should have been recouped.

CoinVoice has recently learned that, according to on-chain analyst Yu Jin, if what the Trump family's crypto project WLFI claims about not selling the purchased assets is true, then they were still down $157 million on their portfolio in April, but have now broken even. Since December of last year, WLFI has spent a total of $352 million on-chain purchasing 12 kinds of assets, primarily ETH, which accounts for more than 60%.

In April, when ETH fell below $1,500, their portfolio, which is heavily weighted in ETH, was at a paper loss of up to $157 million.

WLFI has transferred most of the purchased assets into Coinbase Prime, and they have tweeted that they will not sell, but since the assets have been moved to an exchange, we cannot know for sure whether they have actually sold them or not. [Original link]