The Trump family has heavily invested in cryptocurrencies through the WLFI project, with Ethereum being the main focus, accounting for over 60%. In April 2024, when ETH dropped below 1,500 USD, this portfolio recorded a cumulative loss of about 157 million USD but currently shows signs of recovery.
WLFI has spent approximately 352 million USD to purchase 12 types of cryptocurrencies since late 2023, primarily focusing on ETH. Although most assets have been transferred to the Coinbase Prime exchange and they assert they will not sell, it is still uncertain what trading plans will follow.
MAIN CONTENT
WLFI invested 352 million USD in 12 cryptocurrencies, primarily ETH accounting for 60% of the portfolio.
WLFI's portfolio lost 157 million USD in April 2024 due to ETH falling below 1,500 USD.
Whether the assets transferred to Coinbase Prime will be sold or held is still unclear.
Which cryptocurrencies has the Trump family's WLFI project invested in, and what is the total value?
Analysis from on-chain expert Yu Jin shows that WLFI has spent 352 million USD to purchase 12 types of cryptocurrencies, of which Ethereum accounts for over 60%. This is a significant figure reflecting a concentrated investment in major cryptocurrencies, leveraging the growth potential of ETH.
This reflects the deep experience of the investor in asset selection, while also enhancing WLFI's reputation in the cryptocurrency community.
How has WLFI's investment portfolio changed in 2024?
In April 2024, when Ethereum plummeted below 1,500 USD, the portfolio, which was almost entirely ETH, recorded an unrealized loss of up to 157 million USD. This was a major financial shock but also reflected the high volatility of the cryptocurrency market.
"The significant volatility of ETH has deeply affected the investment portfolio, but it also opens up recovery opportunities when the upward trend returns."
Yu Jin, On-chain expert, 16/07/2024
In-depth analysis shows that this decline is not only related to price but also due to market sentiment and overall market pressure during that period.
What does transferring assets to Coinbase Prime mean, and does WLFI really maintain its portfolio?
WLFI has transferred most of its assets to a wallet on the Coinbase Prime exchange. Although it is committed not to sell, moving to the exchange allows them flexibility to handle transactions when necessary. However, legally and publicly, it cannot be confirmed that the portfolio will remain unchanged in the future.
"We do not sell assets, but bringing assets to the exchange prepares for investment diversification plans."
WLFI spokesperson, mid-2024
Depositing assets into Coinbase Prime increases liquidity and safety compared to holding them in personal wallets, reflecting a professional risk management strategy.
What lessons can WLFI and the Trump family learn from this volatility?
The experience from the significant loss in April 2024 emphasizes the importance of portfolio diversification and risk management in the volatile cryptocurrency market. At the same time, transparency in transactions and commitment to holding assets helps enhance credibility with investors and partners.
These lessons are valuable experiences for WLFI to optimize investment strategies and protect assets, in line with the role of a professional cryptocurrency investment organization.
What can be predicted about WLFI's next investment trends?
Based on current data, WLFI may continue to hold ETH as the focal point of its portfolio while expanding into other Tokens to reduce risk. Flexibly transferring assets to the exchange proves they are preparing for diverse trading scenarios suitable for market conditions.
Frequently Asked Questions
Which cryptocurrencies has WLFI primarily invested in?
WLFI primarily invests in Ethereum, accounting for over 60% of the total portfolio with an amount up to 352 million USD.How much did WLFI's portfolio lose during the price drop in April 2024?
Approximately 157 million USD in unrealized losses when ETH fell below 1,500 USD.What does transferring assets to Coinbase Prime mean?
This helps WLFI increase liquidity and safety, preparing for flexible trading capabilities.Does WLFI sell assets after transferring them to the exchange?
Currently, there is no official confirmation regarding sales; WLFI is committed to holding, but this remains uncertain.What important lesson can be learned from WLFI's loss?
Diversifying the portfolio and managing risk should be prioritized in the highly volatile cryptocurrency market.
Source: https://tintucbitcoin.com/wlfi-tien-ao-hoi-phuc-sau-mat/
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