Summary
- It was reported that World Liberty Financial, led by Donald Trump's family, sold 5,471 Ethereum for $8.01 million.
- The sale was at an average price of $1,465, which indicates a significant loss compared to the previous purchase price of $3,259 for Ethereum.
- It is estimated that World Liberty Financial's unrealized loss on Ethereum amounts to about $125 million.
There are indications that the decentralized finance (DeFi) project World Liberty Financial (WLFI), led by President Donald Trump and his family, has started selling Ethereum (ETH).
On the 9th (local time), Lookonchain announced on X (formerly Twitter) that an address presumed to be related to World Liberty Financial sold 5,471 Ethereum 30 minutes ago. The average selling price was $1,465, totaling $8.01 million worth of Ethereum sold.
Meanwhile, it is reported that World Liberty Financial suffered significant losses from purchasing Ethereum. Previously, World Liberty Financial bought Ethereum worth $210 million at an average price of $3,259. As a result, the unrealized loss of World Liberty Financial's Ethereum is estimated to be about $125 million.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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