World Liberty Financial ($WLFI), the investment firm linked to Donald Trump, has purchased an additional 1,622.97 Ethereum ($ETH) tokens valued at $5 million. This acquisition brings $WLFI’s total Ethereum holdings to nearly 80,000 $ETH, worth over $240 million.
A Look At Donald Trump’s Crypto Portfolio
This move follows significant turbulence in Trump’s cryptocurrency portfolio since the start of his second term as U.S. president. Over the past week, his crypto wealth has experienced a sharp decline of more than 60%.
The official Trump memecoin, launched on January 17, has seen its value plummet by over 64% from its all-time high recorded on January 20. The memecoin, which previously boosted Trump’s wealth by $55 billion, has now reduced his crypto fortune to just over $20 billion—a $30 billion loss in a single week.
cryptonewsz.com