Trump’s World Liberty Financial Loses $125 Million in Ethereum

World Liberty Financial (WLFI), a platform backed by former US President Donald Trump, has experienced significant losses in its Ethereum holdings. Following the sale of 5,471 ETH worth nearly $8 million, WLFI now carries an approximate loss of $125 million on its Ethereum investment. This move comes amidst market headwinds that have impacted the price of Ethereum below $2,000, causing a decrease in WLFI’s initial value from $219.9 million to around $8 million. While analysts speculate WLFI could diversify its portfolio soon, others point out potential liquidity-seeking motives behind this sell-off. The move highlights the risk of panic selling in volatile markets like crypto, and emphasizes the importance of strategic investment timing.