Data: Trump WLFI has accumulated $336 million in cryptocurrency assets before the crypto summit

ChainCatcher news reports that, according to Ember monitoring, there is just over a day left until the White House cryptocurrency summit scheduled for the early morning of March 8. The DeFi project WLFI, supported by the Trump family, has made another significant purchase of crypto assets. This morning, WLFI added tokens worth a total of $21.5 million, including: $10 million of WBTC (110 coins), $10 million of ETH (4468 coins), and $1.5 million of MOVE (3.42 million coins).

As of now, WLFI has spent a total of $336 million to acquire 9 types of tokens: ETH, WBTC, TRX, LINK, AAVE, ENA, MOVE, ONDO, and SEI. Since most of these assets have been transferred to Coinbase Prime, it is impossible to verify whether they have been sold; however, WLFI has stated that these assets are still held.

If all assets have indeed not been sold, WLFI is currently facing an unrealized loss of approximately $88 million. The largest loss percentage is from ENA, which has dropped 63%; while the largest loss amount is from ETH, with a loss of $67.35 million, down 31%.

It is worth noting that the upcoming White House crypto summit may become a key turning point for the market, as Trump is expected to announce a Bitcoin reserve strategy at the meeting, which could have a significant impact on the entire crypto market.