The post World Liberty Financial Denies Selling ETH Amid Market Panic, Citing Inaccurate Reporting on Alleged $8 Million Loss appeared on BitcoinEthereumNews.com.

Amidst market fluctuations tied to tariff policies, a controversy has emerged surrounding the crypto platform World Liberty Financial’s alleged ETH sell-off. Recent reports suggested that World Liberty was involved in a significant liquidation of Ethereum assets during a period of heightened market instability, which the company has vehemently denied. According to Miguel Morel, CEO of Arkham, the wallet that reportedly sold off 5,471 ETH is “closely tied” to World Liberty, although the precise ownership remains unverified. World Liberty Financial has disputed claims of selling $8 million in Ethereum amid market turmoil, adding a layer of complexity to its financial dealings. World Liberty Financial’s ETH Controversy Amid Market Turmoil The recent turbulence in the cryptocurrency market, largely influenced by President Donald Trump’s shifting tariff policies, has drawn scrutiny towards World Liberty Financial (WLFI). Reports emerged earlier this week claiming that WLFI liquidated a significant portion of its Ethereum (ETH) holdings amidst panic sell-offs, resulting in a potential loss of approximately $8 million. These claims, however, were swiftly countered by World Liberty, which has stated that any assertions regarding their asset sales are “wholly inaccurate.” The Denial: World Liberty Financial Responds In response to these circulating reports, a representative from World Liberty Financial asserted, “WLFI has not sold any positions as currently reported. Speculation to the contrary is false.” This categorical denial comes after on-chain data from Arkham implicated a wallet linked to WLFI in the sale of 5,471 ETH on a particularly volatile trading day. The spokesperson’s comments underscore the company’s insistence on maintaining its position in the market despite external rumors. Deciphering the Data: Understanding the On-Chain Analysis Arkham’s data was pivotal in identifying the wallet in question, which seemingly shares a deposit address with verified World Liberty wallets. Although this connection led to the wallet being labelled as “closely…

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Filed under: News - @ April 10, 2025 9:20 pm