World Liberty Financial, the DEFI project supported by the Donald Trump family, would have started to sell their hiding place (ETH) at $ 1,465 a token despite the purchase of the assets for $ 3,250 at the start of the year.
Arkham’s chain data show that a portfolio closely linked to World Liberty Financial sold 5,471 ETH for around 8 million dollars on Wednesday after accumulating a loss of $ 125 million.
The sale comes just two months after Eric Trump, the son of the American president, said that it was the ideal time to buy ETH, which was negotiating $ 2,880.
The World Liberty Financial Wallet still has $ 98 million in crypto, including $ 11.7 million in ether.
Donald Trump wrote on Wednesday that it is a “good time to buy” on Truth Social while the world markets were plumping on the climbing of the risks of a trade war.
Since Trump was inaugurated on January 20, the Nasdaq is down 20%, S&P 500 by 17%and Bitcoin (BTC) by 24%.
The same Trump and Melania have succeeded, losing 83% and 95%, respectively, since the inauguration of January 20 of Trump.
World Liberty Financial did not immediately respond to the request for comments from Coindesk.
