The Trump family has heavily invested in cryptocurrencies through the WLFI project, with a portfolio primarily focused on Ethereum, accounting for over 60%. In April 2024, when ETH dropped below $1,500, this portfolio accumulated losses of approximately $157 million but currently shows signs of recovery.
WLFI has spent around $352 million to purchase 12 cryptoassets since late 2023, mainly concentrating on ETH. Although they have transferred most assets to Coinbase Prime and confirmed they will not sell, the future trading plan remains uncertain.
- WLFI invested $352 million in 12 cryptocurrencies, with ETH primarily occupying 60% of the portfolio.
- WLFI's portfolio lost $157 million in April 2024 due to ETH dropping below $1,500.
- Assets were transferred to Coinbase Prime, with selling or holding still unclear.
Which cryptocurrencies and what total value did the WLFI project invest in?
On-chain expert Yu Jin's analysis shows WLFI spent $352 million to purchase 12 cryptoassets, with Ethereum accounting for over 60%. This significant figure demonstrates a concentrated investment in major cryptocurrency, leveraging ETH's growth potential.
This reflects the investor's deep experience in asset selection and enhances WLFI's credibility in the cryptocurrency world.
How did WLFI's investment portfolio perform in 2024?
In April 2024, when Ethereum plummeted below $1,500, the nearly all-ETH portfolio recorded unrealized losses of $157 million. This was a major financial shock but also reflects the high volatility of the cryptocurrency market.
"The significant fluctuation of ETH deeply impacted the investment portfolio, but also opens opportunities for recovery when the price appreciation trend returns."
Yu Jin, On-chain Expert, 16/07/2024
In-depth analysis shows this decline is not only related to price but also market sentiment and overall market pressure during that period.
What does transferring assets to Coinbase Prime mean, and will WLFI truly maintain its portfolio?
WLFI transferred most assets to Coinbase Prime's wallet. Although they committed to not selling, transferring to the exchange allows them flexibility in handling transactions when necessary. However, legally and publicly, maintaining the portfolio's integrity cannot be definitively confirmed.
"We are not selling assets, but moving assets to the exchange prepares us for diverse investment plans."
WLFI Spokesperson, mid-2024
Depositing assets in Coinbase Prime increases liquidity and safety compared to personal wallets, demonstrating 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 managing risks in a volatile cryptocurrency market. Simultaneously, transparency in transactions and asset commitment helps increase credibility with investors and partners.
These lessons are valuable experiences for WLFI to optimize investment strategies and protect assets, consistent with the role of a professional cryptocurrency investment organization.
What can be predicted about WLFI's next investment trend?
Based on current data, WLF may continue to keep ETH as the portfolio's focus while expanding into other Tokens to reduce risks. The flexibility of transferring assets to the exchange proves they are preparing for diverse trading scenarios suitable to market conditions.
Frequently Asked Questions
- Which cryptocurrencies did WLFI primarily invest in?
WLFI primarily invested in Ethereum, accounting for over 60% of the total portfolio with up to $352 million. - How much did WLFI's portfolio lose during the price drop in April 2024?
Approximately $157 million in unrealized losses when ETH fell below $1,500. - What does transferring assets to Coinbase Prime mean?
This helps WLFI increase liquidity and safety, preparing for flexible trading possibilities. - Will WLFI sell assets after transferring to the exchange?
Currently, there is no official confirmation about selling; WLFI commits to holding, but this remains uncertain. - What important lesson can be drawn from WLFI's loss?
Portfolio diversification and risk management are priorities in a highly volatile cryptocurrency market.
