World Liberty Financial Sells 5,471 ETH for $8.01M Amid 57% Price Drop

World Liberty Financial, a decentralized finance project backed by Donald Trump, has sold 5,471 Ethereum (ETH) for approximately $8.01 million at a price of $1,465 per coin. This sale occurred as Ethereum prices continued to decline, with the cryptocurrency dropping nearly 57% since the beginning of 2025. The transaction, executed roughly 4 hours before reports emerged, marks a significant loss for the project compared to its initial investment.

World Liberty Financial had 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. This substantial loss highlights the financial strain the project is under due to the declining crypto market.

In a related development, a long-term Ethereum whale sold 10,000 ETH for $15.71 million after holding the tokens for over 900 days. The whale 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 holding through a period when ETH reached $4,000, the whale ultimately decided to sell at a much lower price point, securing a profit of $2.75 million but missing out on potential peak profits of $27.6 million.

These high-profile sales could trigger further selling pressure in the market. Investors are closely monitoring the situation, concerned that these moves might spark a retail dump in an already declining market. The broader cryptocurrency market is experiencing a sharp downturn, with Bitcoin falling over 20% since early February and other cryptocurrencies seeing 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, suggesting 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, speculating 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, which 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. The situation underscores the volatility and uncertainty in the crypto market, with significant losses and potential for further declines looming on the horizon.