WLFI related wallet sells $8 million worth of Ethereum after losing $125 million

PANews reported on April 9 that World Liberty Financial (WLFI), a DeFi project backed by the Trump family, began selling its Ethereum position at $1,465 per piece, although the asset was purchased at $3,259 per piece at the beginning of this year. Arkham's on-chain data shows that a wallet closely related to World Liberty Financial sold 5,471 ETH for about $8 million on Wednesday after a cumulative loss of $125 million. World Liberty Financial's main wallet still holds $98 million worth of cryptocurrency, of which $11.7 million is Ethereum.