Trump World Liberty Financial, $242 million loss on cryptocurrency holdings, Meme Coin TRUMP $802 million profit.
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Blockchain analysis company SpotOnChain said in an X that the valuation of cryptocurrency holdings at the address of Trump's family's DeFi project, World Liberty Financial (WLFI), has fallen by more than $242 million. The loss rate was equivalent to 21%.” He added, “The valuation loss of ETH is $36.7 million, the valuation loss of WBTC is $8 million, and the valuation loss of ETH is $2.05 million.”
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Meanwhile, Conor Grogan, Director of Product Strategy and Business Operations at Coinbase, said in an X interview that “the team behind the meme coin TRUMP may have earned about $802 million in profits since the launch of the token.” “The TRUMP team's estimated address has deposited a total of $482 million worth of cryptocurrency into exchanges and currently holds 290 million USDC. It also earned 29.3 million USDC worth of fees. The figure excludes TRUMP, which is worth $16 billion.”