On March 6, according to Ember monitoring, there was only one day left before the White House cryptocurrency summit held in the early morning of March 8, and the DeFi project WLFI supported by the Trump family once again purchased crypto assets in a big way. WLFI purchased a total of $21.5 million worth of tokens this morning, including: $10 million in WBTC (110 pieces), $10 million in ETH (4,468 pieces), and $1.5 million in MOVE (3.42 million pieces).

So far, WLFI has spent a total of $336 million to purchase 9 tokens: ETH, WBTC, TRX, LINK, AAVE, ENA, MOVE, ONDO and SEI. Since most of the assets have been transferred to Coinbase Prime, it is impossible to verify whether they have been sold, but WLFI stated that these assets are still held.

If all assets are indeed unsold, WLFI currently has a floating loss of about $88 million. Among them, ENA has the largest loss, down 63%; and ETH has the largest loss, with a loss of $67.35 million, a drop of 31%.

It is worth noting that the upcoming White House Crypto Summit may become a key turning point in the market. Trump is expected to announce the Bitcoin reserve strategy at the meeting, which may have a significant impact on the entire crypto market.

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