World Liberty Financial Denies Reports of Ether Sale Amid Losses

World Liberty Financial, a DeFi project associated with Donald Trump's family, denied reports of selling ether (ETH) worth $8 million. This follows claims that a wallet linked to the project had sold ETH after reaching over $125 million in unrealized losses.

A spokesperson stated that these claims are inaccurate and that no positions have been sold.
ETH has rebounded from the alleged sale price of $1,465 to $1,553.
Eric Trump previously suggested buying ETH at $2,880 in February.

Arkham, which identified the wallet, did not respond to inquiries regarding the situation.