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WLFI-related Wallets sold $8 million worth of Ether after losing $125 million.
[WLFI-related wallet sells Ethereum worth $8 million after losing $125 million] The DeFi project World Liberty Financial (WLFI), supported by the Trump family, has started selling its Ethereum holdings at a price of $1,465 per coin, despite the asset's purchase price being $3,259 per coin at the beginning of this year. On-chain data from Arkham shows that a wallet closely associated with World Liberty Financial sold 5,471 ETH on Wednesday for approximately $8 million after incurring a cumulative loss of $125 million. The main wallet of World Liberty Financial still holds $98 million worth of crypto assets, including $11.7 million in Ethereum.