{"id":21333,"date":"2025-04-09T15:47:16","date_gmt":"2025-04-09T15:47:16","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=21333"},"modified":"2025-04-09T15:47:16","modified_gmt":"2025-04-09T15:47:16","slug":"trump-backed-world-liberty-financial-begins-selling-eth-as-losses-top-125m","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=21333","title":{"rendered":"Trump-Backed World Liberty Financial Begins Selling ETH as Losses Top $125M"},"content":{"rendered":"<div>\n<p>World Liberty Financial, the Donald Trump family-backed DeFi project, reportedly started to sell its ether (<a href=\"https:\/\/www.coindesk.com\/price\/ethereum\/\" target=\"_blank\">ETH<\/a>) stash at $1,465 a token despite purchasing the asset for $3,259 at the start of the year.<\/p>\n<p>On-chain data from <a href=\"https:\/\/intel.arkm.com\/explorer\/address\/0x77a56647fba0eb60abb7395574Cded565F6F94F6\" target=\"_blank\">Arkham<\/a> shows that a wallet closely tied to World Liberty Financial sold 5,471 ETH for around $8 million on Wednesday after racking up a $125 million loss.<\/p>\n<p>The sale comes just two months after Eric Trump, the U.S. president&#8217;s son, said it was a great time to buy ETH, which was trading at $2,880.<\/p>\n<p>The main World Liberty Financial wallet still holds $98 million worth of crypto, $11.7 million of which is in ether.<\/p>\n<p>Donald Trump wrote on Wednesday that it is a &#8220;great time to buy&#8221; on Truth Social while global markets tumbled on the escalating risks of a trade war.<\/p>\n<p>Since Trump was inaugurated on Jan. 20 the Nasdaq is down by 20%, S&amp;P 500 by 17% and bitcoin (<a href=\"https:\/\/www.coindesk.com\/price\/bitcoin\/\" target=\"_blank\">BTC<\/a>) by 24%.<\/p>\n<p>The TRUMP and MELANIA memecoins have fared worse, losing 83% and 95%, respectively, since Trump&#8217;s Jan. 20 inauguration. <\/p>\n<p>World Liberty Financial did not immediately respond to CoinDesk&#8217;s request for comment.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>World Liberty Financial, the Donald Trump family-backed DeFi project, reportedly started to sell its ether (ETH) stash at $1,465 a token despite purchasing the asset for $3,259 at the start of the year. On-chain data from Arkham shows that a wallet closely tied to World Liberty Financial sold 5,471 ETH for around $8 million on [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-21333","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/21333","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21333"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/21333\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21333"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21333"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21333"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}