Trump-Backed WLFI Buys 3.54M MNT Tokens After Mantle Hard Fork, Faces $111M Loss

World Liberty Financial (WLFI), a DeFi project backed by the Trump family, recently purchased 3.54 million MNT tokens for $3 million USDT. This acquisition follows a series of investments by WLFI, which has spent a total of $346 million across 11 tokens, including ETH, WBTC, TRX, LINK, and AAVE, among others. Despite these investments, WLFI is currently facing a paper loss of $111 million. The recent purchase brings WLFI's total holdings of MNT to 5.99 million tokens, valued at approximately $5.05 million, with an average entry price of $0.78 per token. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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Trump-Backed WLFI Buys 3.54M MNT Tokens After Mantle Hard Fork, Faces $111M Loss

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