According to CoinDesk, World Liberty Financial (WLFI), a DeFi project supported by the Trump family, has started selling its Ethereum holdings at a price of $1465 per coin, despite the asset being purchased at $3259 per coin at the beginning of this year. Arkham's on chain data shows that a wallet closely related to World Liberty Financial sold 5471 ETH for approximately $8 million on Wednesday after accumulating losses of $125 million. The main wallet of World Liberty Financial still holds $98 million worth of cryptocurrency, of which $11.7 million is Ethereum.