The post ETH Faces Staggering $80.85M Loss as WLFI’s Investment Portfolio Plummets appeared on BitcoinEthereumNews.com.

In a recent analysis by Ember Analysis, it has been revealed that WLFI’s investment portfolio is currently facing a significant downturn, reporting a total loss of $110 million. Out of the original $336 million allocated for the acquisition of nine tokens, only $226 million remains, highlighting the volatility inherent in crypto investments. The largest portion of this portfolio is attributed to Ethereum (ETH), constituting 65% of total holdings. With an average purchase price of $3,240, ETH’s current market value has plummeted to $2,000, culminating in a notable loss of $80.85 million or -37% in value. Conversely, TRX has demonstrated relative resilience, experiencing only a 5% decline since its acquisition, marking it as the least affected asset in WLFI’s diversified portfolio. Source: https://en.coinotag.com/breakingnews/eth-faces-staggering-80-85m-loss-as-wlfis-investment-portfolio-plummets/

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Filed under: News - @ March 10, 2025 1:17 am