World Liberty Financial Denies Selling $8 Million in Ethereum Holdings

World Liberty Financial (WLFI), linked to US President Donald Trump, denied reports of selling $8 million in ETH. The speculation arose after Arkham Intelligence flagged a wallet associated with WLFI that executed a sale as ETH prices dropped to $1,465.

WLFI spokesperson stated claims of the sale are inaccurate and confirmed no positions were sold.
Since early 2025, WLFI has been accumulating Ethereum, its largest holding.
Ethereum's price has declined over 55% this year, hitting lows around $1,400.
Investor sentiment has significantly dropped due to price erosion, resulting in nil returns since 2018.

Increased Whale Activity

ETH falling below $2,000 has led to mixed buying and selling among Ethereum whales.
A new wallet accumulated 9,610 ETH worth $14.54 million within 24 hours, withdrawing 5,000 ETH from Kraken.
The funds were used to borrow $7 million in USDS on Spark, then purchasing an additional 4,610 ETH at an average price of $1,518.

Potential Price Recovery

Market analysts suggest ETH is currently undervalued, indicating a possible bounce back soon.
Crypto analyst Ali Martinez noted Ethereum’s entity-adjusted dormancy flow fell below 1 million, historically signaling a macro bottom.
This suggests low sentiment and potential capitulation among investors.