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Trump Crypto Project WLFI Buys AVAX, MNT for $4M

Trump Crypto Project WLFI Buys AVAX, MNT for $4M

CoinomediaCoinomedia2025/03/16 14:33
By:Isolde VerneIsolde Verne

Trump-linked crypto project WLFI buys $4M worth of AVAX and MNT, total investment hits $340M with $115M in unrealized losses.WLFI Adds AVAX and MNT to Crypto Portfolio$340M Invested Across 11 TokensHeavy Losses Despite Market Activity

  • WLFI bought AVAX and MNT worth $4M using USDT.
  • Total investment now stands at $340M across 11 tokens.
  • WLFI faces $115M in unrealized losses, $88M from ETH alone.

WLFI Adds AVAX and MNT to Crypto Portfolio

In the latest development, the Trump family’s crypto project, WLFI, has made significant new investments in the crypto Market . Just two hours ago, WLFI spent $2 million USDT to acquire 103,911 AVAX and an additional $2 million USDT to buy 2.45 million MNT. These purchases signal continued activity and interest from the Trump-backed project in diversifying its crypto holdings.

$340M Invested Across 11 Tokens

With these recent acquisitions, WLFI’s total investment now stands at approximately $340 million. The project has spread this capital across 11 different tokens, reflecting an aggressive strategy to gain exposure in various crypto assets.

However, this approach hasn’t yet yielded profits. WLFI is currently facing an overall unrealized loss of around $115 million. The biggest contributor to this deficit is Ethereum ( ETH ), on which the project has lost approximately $88 million.

Two hours ago, Trump family's crypto project WLFI made new purchases of AVAX and MNT. It spent 2 million USDT to buy 103,911 AVAX and 2 million USDT to buy 2.45 million MNT. To date, the WLFI investment portfolio has spent approximately 340 million US dollars to acquire 11…

— Wu Blockchain (@WuBlockchain) March 16, 2025

Heavy Losses Despite Market Activity

Despite being active in the market, the Trump crypto project WLFI is under pressure due to these mounting unrealized losses. The latest buys into AVAX and MNT suggest a continued commitment to expanding their portfolio, perhaps betting on a market rebound or long-term value appreciation.

Market watchers are closely monitoring WLFI’s movements, especially given its high-profile backing and significant financial commitment. Whether this strategy pays off remains to be seen, but it underscores how volatile and unpredictable the crypto investment landscape can be—even for major players.

Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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