World Liberty Financial, the DEFI project supported by the family of American president Donald Trump, denied information that she had sold ETHER (ETH) earlier this week.
It was reported on Wednesday that a portfolio closely linked to World Liberty Financial Financial, which is labeled by the Arkham blockchain data firm as potentially belonging to the project, sold $ 8 million in ether after exceeding $ 125 million in unrealized losses.
In a press release in Coindesk, a spokesperson for World Liberty Financial said: “The statements that World Liberty Financial has sold one of his assets is entirely inaccurate. WLFI has not sold any position as indicated currently. Speculation on the contrary is false.”
Ether has since been rebounded since this sale at $ 1,465, currently negotiating at $ 1,553 after the cryptographic markets experienced a period of minor reparation on Wednesday.
Donald Trump’s son Eric said it was a “big moment to buy” ETH in February when he exchanged $ 2,880.
Arkham did not respond to the request for comments from Coindesk.
