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Trump’s WLFI tripled Ether holdings in a week amid market downturn

Trump’s WLFI tripled Ether holdings in a week amid market downturn

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Source: Coin Telegraph

Trump’s DeFi platform is currently sitting on a total unrealized loss of over $89 million across its holdings.

The decentralized finance (DeFi) platform linked to US President Donald Trump significantly increased its Ether holdings over the past week as the cryptocurrency’s price briefly dipped below $2,000.

Trump’s World Liberty Financial (WLFI) DeFi platform has tripled its Ether (ETH) holdings over the past seven days as ETH fell below the $2,000 psychological mark, reversing from $1,991 on March 4, Cointelegraph Markets Pro data shows.

ETH/USD, 1-month chart. Source: Cointelegraph

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Author: Zoltan Vardai