WLFI-linked wallet sells $8 million worth of Ether after $125 million loss
April 9,World Liberty Financial (WLFI), a DeFi project backed by the Trump family, has begun selling its Ether position for $1,465 per coin, according to CoinDesk, even though the asset was earlier this year purchase price of $3,259 each.Arkham's on-chain data shows that a wallet closely associated with World Liberty Financial sold 5,471 ETH for about $8 million on Wednesday after accumulating losses of $125 million.World Liberty Financial's main wallet still holds $5.4 million worth of 98 million in cryptocurrencies, of which $11.7 million is Ether.
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