Trump-Backed WLFI Buys $3M MNT Tokens 30 Minutes Ago Amid $111M Loss

World Liberty Financial (WLFI), a Trump-backed decentralized finance (DeFi) project, has spent $3 million to purchase 3.54 million MNT tokens at an average price of $0.84 per token. The transaction occurred approximately 30 minutes ago, according to data from Arkham.
This recent purchase adds to WLFI's total investment of $346 million across 11 different tokens, including ETH, WBTC, TRX, LINK, AAVE, ENA, MOVE, ONDO, SEI, AVAX, and MNT. Despite these investments, WLFI is currently facing a total unrealized loss of $111 million.
This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.
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