The Decline Also Affects Donald Trump: All 6 Altcoins He Bought Have Plummeted
Following the decline of the cryptocurrency market, the latest situation of the cryptocurrency wallet belonging to Donald Trump's cryptocurrency project, World Liberty Financial, which purchased a large amount of altcoins before the market downturn, is being questioned by many.
With the market down, the newly acquired altcoins of the project are Ethereum (ETH), Wrapped Bitcoin (WBTC), Aave (AAVE), Chainlink (LINK), Ethena (ENA), and Ondo Finance (ONDO), all of which have fallen into the red. According to the latest data, the total loss of the platform is measured at $6.15 million.
However, interestingly, the largest loss belongs to Ethereum due to the investment amount, as the project lost a total of $4.86 million in ETH. Below is the amount World Liberty Financial paid for the altcoins they purchased and their current value:
- Ethereum – $32.5 million; loss of $4.8 million
- Wrapped Bitcoin – $10 million; loss of $417 thousand
- Aave – $2 million; loss of $296k
- Chainlink – $2 million; loss of $421 thousand
- Ethena – $750,000; loss of $105,000
- Ondo Finance – $250,000; loss of $48,000
This platform purchased the aforementioned ETH at an average price of $3,682.