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WLFI-related wallets sell $8 million worth of Ethereum after losing $125 million

cryptonews100_tggfrn by cryptonews100_tggfrn
April 10, 2025
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PANews reported on April 9 that in line with CoinDesk, World Liberty Monetary (WLFI), a DeFi venture supported by the Trump household, started promoting its Ethereum holdings at $1,465 per coin, although the asset was bought at $3,259 per coin at first of this yr. Arkham’s on-chain information confirmed {that a} pockets carefully associated to World Liberty Monetary offered 5,471 ETH for about $8 million on Wednesday after a cumulative loss of $125 million. World Liberty Monetary’s fundamental pockets nonetheless holds $98 million worth of cryptocurrencies, of which $11.7 million is Ethereum.

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This text displays the opinions of PANews’s columnist and doesn’t signify the stance of PANews. PANews doesn’t assume obligation. The article and opinions don’t represent funding recommendation.

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