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Trump’s World Liberty Financial Sells $8M in Ethereum Amid Losses

9 April 2025
in News
Reading Time: 3 mins read
106 3
Home News

World Liberty Financial (WLFI), backed by Donald Trump, appears to be liquidating its Ethereum holdings following significant losses as the price of ETH falls below $1,500.

On April 9, a wallet associated with WLFI sold 5,471 Ethereum for roughly $8 million, with each coin priced at $1,465, according to data shared by on-chain analytics platform Lookonchain.

This sale represents a considerable loss for WLFI, which had previously invested approximately $210 million to acquire 67,498 ETH at an average price of $3,259. At the current market value of Ethereum, the firm is facing an unrealized loss of around $125 million, further highlighting the financial challenges it’s grappling with.

Has Trump’s World Liberty(@worldlibertyfi) started selling $ETH at a loss?

According to Arkham, a wallet possibly linked to #WorldLiberty sold 5,471 $ETH($8.01M) at $1,465 30 minutes ago.#WorldLiberty previously spent ~$210M to buy 67,498 $ETH at an average price of $3,259,… pic.twitter.com/jPMqCiADvt

— Lookonchain (@lookonchain) April 9, 2025

Despite these setbacks, WLFI remains focused on expanding its product offerings. On March 25, the company launched USD1, a stablecoin fully backed 1:1 by cash, short-term U.S. Treasuries, and equivalents. Currently available on Ethereum and BNB Chain, the stablecoin is set to expand to additional networks in the future. WLFI has marketed USD1 as a stable and transparent alternative to algorithmic or undercollateralized tokens, with its reserves being audited by third-party firms and custody managed by BitGo. Aimed at institutional investors, USD1 promises transparency and regulatory compliance, offering a secure option in an evolving digital asset landscape.

In addition to its stablecoin venture, WLFI has made significant strides in cryptocurrency investment. On March 6, the company purchased $21.5 million worth of Ethereum, Wrapped Bitcoin, and Movement Network tokens. These transactions were conducted using USDC from a newly created multi-signature wallet, which currently holds a balance of $3.5 million. This investment marks another step in WLFI’s broader strategy to establish itself as a major player in the DeFi sector.

In a significant shift, it was revealed on April 1 that the Trump family gained majority control of WLFI in January by acquiring a 60% stake through a new holding company, WLF Holdco LLC. As a result, the Trump family will control 60% of the company’s operating profits once the platform becomes fully operational. Additionally, they are entitled to 75% of the revenue generated from token sales under the new structure, solidifying their influence over the company’s financial future.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

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Jewel Buddy

Jewel Buddy

Buddy Jewel is a finance writer specializing in cryptocurrency news. With a keen eye on the latest developments in the digital asset space, I provides insightful and timely updates on the ever-evolving world of crypto.

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