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The data from the Lookonchain Blockchain Intelligence Company suggest that crypto portfolios associated with the decentralized financial platform (DEFI) supported by President Donald Trump (DEFI) World Liberty Financial (WLFI) sell Ethereum (ETH) at a loss.
Citing data from Arkham, Lookonchain claims that its 581,400 subscribers on the X social media platform seem to be that WLFI has started to sell part of its hiding place in nine figures at a loss.
Arkham data note that the portfolio in question is not 100% confirmed to be controlled by WLFI.
“Did Trump’s global freedom began to sell ETH at a loss?”
Trump launched the WLFI at the end of last year. At the time, he said that the platform had been created to help those deprived of their rights by banking institutions.
In the middle of the market slowdown, Lookonchain notes that the whales also sell the millions of Solana (soil) of the ETH, with a certain that does not do you.
“Whales pour $ soil!” 4W1Ree Undetned 159,028 soil ($ 16.5 million) and sold 60,000 soil ($ 6.13 million) to $ 102 4 hours. 5CPAIR sold 89,734 soil ($ 9.67 million) at $ 108 (earlier) … earlier) … earlier) … earlier) … earlier) … earlier) …
A whale with 1.32 million soil ($ 192 million) has just sold 100,000 soil ($ 10.7 million) 30 minutes ago. 15 days ago, the whale led 1.32 million soil, deposited 1.2 million soil in Kamino and borrowed USDC 20 million. He probably sold soil to cover the loan. »»
ETH is negotiated at $ 1,487 at the time of writing, a loss of 2.5% on the day while Sol is estimated at $ 106, a fractional drop in the last 24 hours.
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Image generated: Midjourney
Shutterstock / Tomasz Makowski