Cryptocurrency Portfolio Belonging to Trump Backer Accumulates $8 Million in Unrealized Gains from WLFI Transactions

In a series of transactions spanning over several months, a notable cryptocurrency wallet has amassed a significant position in WLFI tokens, currently valued at approximately $8.5 million.

The wallet, registered under the domain trumpisthebest.eth, first received an inflow of 9,418,464.4402 WLFI 320 days ago, marking the beginning of its WLFI accumulation. The inflow was funded primarily through stablecoins, USDT, USDC, and Ethereum.

The acquisition costs for the WLFI holdings total an estimated $347,000. Since then, the wallet has received additional inflows, including 1,664,223.424 WLFI and 999,187.491133 WLFI, around the same time, and a subsequent 54.33 WLFI. Every record shows value exchanged directly for WLFI, with all inflows originating from World Liberty addresses.

The purchases occurred in stages, beginning with smaller entries and expanding into high-value transfers. In fact, the wallet transferred 14,987.811287 USDT and 10,000 USDC directly to World Liberty addresses, linked to WLFI purchases. An outflow of 8,193.5 USDC was also recorded during this period.

The transactions demonstrate that stablecoin reserves, alongside Ethereum, financed the majority of the WLFI inflows. The wallet also acquired 9.6 ETH and 25.3 ETH in separate transactions, which supported WLFI acquisitions, leading to a decrease in its Ethereum holdings.

The current value of the wallet's WLFI holdings, now totalling 23.14 million WLFI, represents an unrealized profit of over $8 million, considering the acquisition costs of $347,000.

The wallet linked to a Trump supporter is believed to have spent approximately $347,000 on these tokens during earlier rounds, making it a significant player in the WLFI market. The wallet's WLFI holdings have grown through multiple transactions, demonstrating a strategic and calculated approach to building its position in the token.