Ethereum Wallet’s Massive Sale Triggers Market Concerns

A major Ethereum wallet linked to the controversial DeFi project World Liberty Financial has recently sold off substantial amounts of ETH, resulting in significant financial losses and sparking anxiety in the crypto market. The sale follows a dramatic 10% decline in Ethereum’s price, bringing its value down to around $1,400. This sale, which totaled approximately $8 million, coincides with an existing trend of decreasing investment interest from institutional players and smaller traders alike.