The total loss from the Trump-backed World Liberty Financial Initiative (WLFI) has reached $110 million.
The project initially allocated $336 million to purchase nine crypto assets, which have now dropped in value to $226 million. Ethereum (ETH) makes up 65% of the holdings and is also the asset with the largest recorded loss.
WLFI acquired Ethereum at an average price of $3,240 per token, but the current price is at approximately $2,059. This decline has significantly impacted the portfolio, with ETH contributing significantly to the overall devaluation. Other assets in the WLFI portfolio have also suffered losses, further compounding the financial setback.
Breakdown of WLFI’s Holdings
An analysis of one of WLFI’s crypto wallets shows that it has 7,516 ETH valued at $15.53 million, marking a 5.3% decline over the past day. This wallet holds 13.59 million USDT, which has remained stable. Meanwhile, this address also holds 162.69 Wrapped Bitcoin (WBTC), currently valued at $13.36 million, reflecting a 4.11% drop.
Additional notable assets include 4,974 staked ETH (STETH) valued at $10.27 million, down by 5.43%. Tron (TRX) accounts for 40.718 million tokens, valued at $9.54 million, after dropping 2.95%. Another significant asset is 10 billion WHITE tokens, worth $5.99 million, which have recorded the largest drop of 24.17%.
Further stablecoin holdings include 5.013 million AETHUSDC, whose value has remained unchanged. The portfolio also includes 7.581 million MOVE tokens, which have declined by 6.6%, bringing their total value to $3.54 million.
WLFI’s Buying Strategy and Absence of XRP
Notably, the recent downturn follows a major buying spree by WLFI on January 20, 2025, coinciding with President Donald Trump’s inauguration. The initiative acquired over $100 million in assets, including 14,403 ETH at $3,333 per token and 94.94 WBTC for $9.84 million. Other acquisitions included 177,928 LINK worth $4.7 million and 13,261 AAVE for an equivalent amount.
Previously, WLFI had accumulated 2,631 ETH in December 2024 for $10 million at an average price of $3,801 per token. The initiative also acquired 41,335 LINK tokens valued at $1 million during the same period. However, despite these acquisitions, WLFI has notably excluded XRP, the third-largest crypto by market capitalization.
Speculation has emerged regarding a possible shift in the U.S. government’s approach toward XRP. Observers have noted that if the Trump administration intervenes in the Ripple XRP escrow, it could eliminate the need for WLFI to acquire XRP from the open market.
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