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Trump-backed WLFI Sees $110M Crypto Loss Amid Dip

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The total loss from the Trump-backed World Liberty Financial Initiative ($WLFI) has reached $110 million.

The project initially allocated $336 million to purchase nine crypto assets, which have now dropped in value to $226 million. Ethereum ($ETH) makes up 65% of the holdings and is also the asset with the largest recorded loss.

$WLFI acquired Ethereum at an average price of $3,240 per token, but the current price is at approximately $2,059. This decline has significantly impacted the portfolio, with $ETH contributing significantly to the overall devaluation. Other assets in the $WLFI portfolio have also suffered losses, further compounding the financial setback.

Breakdown of $WLFI’s Holdings

An analysis of one of $WLFI’s crypto wallets shows that it has 7,516 $ETH valued at $15.53 million, marking a 5.3% decline over the past day. This wallet holds 13.59 million USDT, which has remained stable. Meanwhile, this address also holds 162.69 Wrapped Bitcoin (WBTC), currently valued at $13.36 million, reflecting a 4.11% drop.

$WLFI Crypto Holdings

Additional notable assets include 4,974 staked $ETH (STETH) valued at $10.27 million, down by 5.43%. Tron (TRX) accounts for 40.718 million tokens, valued at $9.54 million, after dropping 2.95%. Another significant asset is 10 billion WHITE tokens, worth $5.99 million, which have recorded the largest drop of 24.17%.

Further stablecoin holdings include 5.013 million AETHUSDC, whose value has remained unchanged. The portfolio also includes 7.581 million MOVE tokens, which have declined by 6.6%, bringing their total value to $3.54 million.

$WLFI’s Buying Strategy and Absence of $XRP

Notably, the recent downturn follows a major buying spree by $WLFI on January 20, 2025, coinciding with President Donald Trump’s inauguration. The initiative acquired over $100 million in assets, including 14,403 $ETH at $3,333 per token and 94.94 WBTC for $9.84 million. Other acquisitions included 177,928 $LINK worth $4.7 million and 13,261 AAVE for an equivalent amount.

Previously, $WLFI had accumulated 2,631 $ETH in December 2024 for $10 million at an average price of $3,801 per token. The initiative also acquired 41,335 $LINK tokens valued at $1 million during the same period. However, despite these acquisitions, $WLFI has notably excluded $XRP, the third-largest crypto by market capitalization.

Speculation has emerged regarding a possible shift in the U.S. government’s approach toward $XRP. Observers have noted that if the Trump administration intervenes in the Ripple $XRP escrow, it could eliminate the need for $WLFI to acquire $XRP from the open market.