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Trump’s WLFI Spends $44M in Crypto, Gains $2.33M Profit

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By on December 15, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Trump’s WLFI Spends $44M in Crypto, Gains $2.33M Profit appeared first on Coinpedia Fintech News

On December 15, Arkham Intelligence reported that World Liberty Financial (WLFI), the Trump family’s crypto project, spent $500,013 USDC to acquire 509,955 ENA at $0.981 each. This investment underscores WLFI’s expanding influence in the crypto market. Since November 31, the project has invested $44.41 million across five assets: 8,105 ETH worth $30 million (profit: $1.29M), 102.9 cbBTC valued at $10 million (profit: $410K), 78,387 LINK for $2 million (profit: $290K), 5,886 AAVE at $1.91 million (profit: $252K), and 509,955 ENA (profit: $81.3K).

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