World Liberty Financial Sells 5,471 ETH for $8.01M at $1,465 Amid $125M Loss on 67,498 ETH Purchase

A wallet potentially linked to Trump’s World Liberty Financial has sold 5,471 Ethereum (ETH) for approximately $8.01 million at a price of $1,465 per ETH. This transaction occurred shortly after Eric Trump suggested it was a favorable time to invest in Ethereum. World Liberty Financial had previously acquired a total of 67,498 ETH for around $210 million, at an average price of $3,259 each. As a result of this recent sale, the company is facing an estimated loss of about $125 million on its Ethereum holdings. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Source: The Defiant