World Liberty Financial (WLFI), the DEFI project partly owned to the family of US President Donald Trump, began to discharge Ethereum assets in the midst of recent prices for the best acts.
On April 9, the Lookonchain blockchain analysis platform, citing the data from Arkham Intelligence, reported that a portfolio linked to the Defi Venture sold 5,471 ETH for around $ 8.01 million at an average price of $ 1465.
The sale marks an important setback for the company, since the WLFI previously spent $ 210 million to accumulate 67,498 ETH with an average of $ 3,259 per room.
Based on current prices, Lookonchain said that the company looks at an unrealized loss of around $ 125 million.
World Liberty Financial has not yet commented on these sales.
Meanwhile, the sale reflects broader concerns on the Ethereum market.
During last week, ETH dropped below the bar of $ 1,500 in the middle of a correction of up to date. The current ETH price is now below its price made, causing concerns for its investors
Market analysts have attributed the collapse in part to geopolitical tensions, including the Trump’s current tariff dispute, which triggered uncertainty in traditional and cryptographic markets.
DWF Labs invests 25 million dollars in WLFI tokens
Despite the slowdown in the ETH, the WLFI obtained an important vote of confidence on the part of the DWF laboratories.
Onchain data shared by the pseudonym analyst of the AI_9684XTPA cryptography revealed that the web market manufacturer 3 had subscribed to 250 million WLFI tokens for $ 25 million USDC.
According to the analyst, this assessment is almost seven times higher than the original supply price of $ 0.015 and double the second round rate of $ 0.05.
In particular, this occurs a few days after Lookonchain reported that DWF Labs had received 1 million USD1, the stablecoin launched by the project supported by Trump, for market purposes.
USD1 is designed to be a fully guaranteed Stablecoin, maintaining a 1: 1 ankle with the US dollar.
The digital asset has drawn considerable attention since its launch, WLFI has recently submitted a proposal to Airdrop USD1 to its token holders. This initiative aims to test the WLFI distribution model and to reward the first adopters before the public deployment of Stablecoin.
