TLDR
World Liberty Financial, a Trump-backed DeFi project, reportedly sold 5,471 ETH for $8.01 million at a loss.
The project previously spent $210 million to acquire 67,498 ETH at an average price of $3,259, resulting in an estimated unrealized loss of $125 million.
A long-term Ethereum whale sold 10,000 ETH for $15.71 million after holding for 900 days, securing a $2.75 million profit but missing potential peak profits of $27.6 million.
Ethereum has dropped nearly 57% since the beginning of 2025, with analysts identifying $1,200 as a potential support level.
The crypto market is experiencing a broader downturn, with Bitcoin falling over 20% since early February and other cryptocurrencies seeing even larger drops.
World Liberty Financial, the decentralized finance project endorsed by Donald Trump, has reportedly sold 5,471 ETH worth approximately $8.01 million at a price of $1,465 per coin. This sale comes as Ethereum prices continue to fall, with the cryptocurrency dropping nearly 57% since the beginning of 2025.
According to blockchain analytics firm Arkham, a wallet potentially linked to World Liberty Financial executed the sale roughly 4 hours before reports emerged. The transaction marks a steep loss compared to the project’s initial investment.
World Liberty Financial previously spent $210 million to acquire 67,498 ETH at an average purchase price of $3,259 per token. With ETH currently trading well below this acquisition price, the project faces an estimated unrealized loss of $125 million on its remaining holdings.
Whale Movements Signal Market Sentiment
In a separate but related development, a long-term Ethereum whale has exited their position after holding 10,000 ETH for over 900 days. According to Lookonchain, the whale sold their entire ETH holdings for $15.71 million, securing a profit of $2.75 million.
After holding $ETH for over 900 days, a whale finally capitulated — selling all 10,000 $ETH($15.71M) today.
The whale originally bought 10,000 $ETH($12.95M) at an average of $1,295 on Oct 4 and Nov 14, 2022.
He didn’t sell when $ETH broke through $4,000.
But today, he exited… pic.twitter.com/KY7TZ02az4
— Lookonchain (@lookonchain) April 8, 2025
The investor initially purchased the 10,000 ETH for $12.95 million at an average price of $1,295 in two transactions during October and November 2022. Despite continuing to hold when ETH reached $4,000, when potential profits would have been $27.6 million, the whale ultimately decided to sell at a much lower price point.
These high-profile sales could trigger further selling pressure. Investors are watching closely, concerned that these moves might spark a retail dump in an already declining market.
On April 7, another unidentified crypto whale had to inject 10,000 ETH—worth more than $14.5 million—to save their position of 220,000 ETH from liquidation. Not all traders were as fortunate. One whale lost 67,570 ETH on April 6, worth around $106 million, when their position on DeFi lending platform Sky was liquidated.
Market Outlook and Price Analysis
The broader cryptocurrency market is experiencing a sharp downturn. Bitcoin has fallen over 20% since early February, while other cryptocurrencies have seen even steeper declines. XRP and Cardano have each lost around 30%, while Solana has been hit particularly hard, shedding almost 50%. Dogecoin is down approximately 47%.
Among the top 10 cryptocurrencies, TRON and Binance Coin have shown the most resilience during this market correction.
Crypto analyst Ali Martinez has identified $1,200 as a potential support level for Ethereum. Martinez suggests this price point could serve as a key area for ETH to regain stability and potentially halt further decline.
Another analyst, known as venturefounder, believes Ethereum may be at or approaching its cycle bottom. The analyst speculates that ETH could reach its lowest point by the end of April.
Some analysts see potential relief on the horizon. Venturefounder expects Federal Reserve rate cuts to come in May, possibly accompanied by a new round of quantitative easing. This liquidity infusion could help boost ETH prices from their current lows.
The current market downturn has been attributed to various factors, including the Trump administration’s sweeping global tariffs. These economic policies have created uncertainty across financial markets, contributing to the sell-off in cryptocurrencies.
Ethereum’s current price of approximately $1,400 marks a substantial drop from its all-time high of $4,878, which it reached on November 10, 2021. The cryptocurrency has failed to respect support levels during the current downtrend, causing concern among investors.
Despite the market turbulence, World Liberty Financial has strongly denied allegations of making unauthorized token sales or swaps, addressing controversies regarding its token management.
As the market continues to fluctuate, investors and analysts alike will be watching for signs of stabilization, particularly around the critical $1,200 support level identified for Ethereum.
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