World Liberty Financial Liquidates Ethereum Holdings at a Loss
- World Liberty Financial, linked to Donald Trump, sold 5,471 ETH for $8.01 million at $1,465 per ETH.
- The organization initially purchased 67,498 ETH for $210 million at an average price of $3,259 per token.
- The current unrealized loss from these holdings is estimated at $125 million.
- A notable Ethereum whale sold 10,000 ETH for $15.71 million after holding it for over 900 days.
World Liberty Financial has begun selling its Ethereum holdings at a significant loss due to the declining market value of ETH. The organization’s previous investment in Ethereum now results in an estimated unrealized loss of $125 million.
Source (2.6)https://coingape.com/trump-world-liberty-financial-selling-ethereum-eth-at-loss-whats-happening/?rand=24432