World Liberty Sells ETH at a Loss
Data from Arkham shows that a wallet suspected to be linked to World Liberty sold 5,471 ETH ($8.01 million) at a price of $1,465. Previously, World Liberty had invested around $210 million to purchase 67,498 ETH at an average price of $3,259. With ETH's price decline, WLFI is now facing a potential loss of around $125 million.
Even a project as big as WLFI had to cut their losses