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The Defiant
2025-03-24 06:05:15

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. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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