Analysis: If WLFI had not sold its previous purchases, its portfolio would have recovered $157 million in April

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ODAILY
07-16
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Planet Daily News: According to on-chain analyst Yu Jin's analysis, if the Trump family's crypto project WLFI truly hasn't sold the assets they purchased as they claim, then their investment portfolio, which was at a loss of $157 million in April, has now broken even. Since December last year, WLFI has spent a total of 352 million USDT on-chain to purchase 12 assets, with ETH accounting for over 60%. In April, when ETH dropped below $1,500, their ETH-heavy portfolio was experiencing an unrealized loss of $157 million. WLFI later transferred most of the purchased assets to Coinbase Prime, and while they tweeted that they won't sell, we can't verify whether they truly haven't sold or not. However, if they indeed haven't sold, then this investment portfolio has now broken even.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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