World Liberty Financial (@worldlibertyfi), associated with Trump, recently made significant moves in the cryptocurrency market.

The firm exchanged 103 WBTC ($9.89M) for 3,075 ETH, achieving a conversion rate of $0.03354 per ETH. Shortly after, they deposited 18,536 ETH ($59.8M) into Coinbase Prime.

In another transaction, World Liberty spent $1.7M USDT to purchase 17.62 WBTC at a premium price of $96,491 per WBTC.

https://twitter.com/lookonchain/status/1879341156351533331?t=J1f6VyjbNeRKIDXcYr_lpg&s=19

Despite these high-profile trades, World Liberty's investments in ETH, WBTC, AAVE, LINK, ENA, and ONDO have collectively incurred losses exceeding $4.8M. Here's a breakdown of the performance of their other recent acquisitions:

- LINK: Purchased 78,387 LINK for $2M at an average price of $25.51. Current loss: $399K (-20%).

- AAVE: Acquired 6,137 AAVE for $2M at an average price of $325.9. Current loss: $164K (-8.2%).

- ENA: Bought 741,687 ENA for $750K at an average price of $1.011. Current loss: $122K (-16%).

- ONDO: Secured 134,216 ONDO for $250K at an average price of $1.863. Current loss: $90K (-36%).

While World Liberty continues to make bold investments, the recent downturn in crypto prices has taken a toll on their portfolio. The premium paid for WBTC and the sharp declines in other assets highlight the risks of speculative trading in volatile markets.

Investors will be watching closely to see whether World Liberty can recover from these setbacks or if their aggressive strategy will lead to further financial strain.