Odaily News According to on-chain analyst Ember, the Trump family-backed DeFi project WLFI added purchases of AVAX and MNT 2 hours ago:
2 million USD for 103,911 AVAX at $19.25;
2.45 million MNT were purchased for $2 million at a price of $0.81.
So far, the WLFI investment portfolio has spent a total of 340 million USDT to purchase 11 tokens, and currently has an overall floating loss of one-third ($115 million): ETH/WBTC/TRX/LINK/AAVE/ENA/MOVE/ONDO/SEI/AVAX/MNT.
PS: There are actually many tokens that "support" WLFI. That is, the project party subscribes to WLFI, and then the WLFI investment portfolio purchases the project's tokens.
ETH accounts for more than half (58%) of the entire investment portfolio, and ETH alone has lost $88 million