Prior to yesterday’s (April 9) announcement from President Trump of a 90-day tariff pause for all nations except China, which caused the TradFi and crypto markets to rally, a wallet linked to World Liberty Financial was spotted selling ETH at a loss.
On-chain analytics firm @lookonchain took to X, showing evidence of the Trump-backed World Liberty Financial (WLFI) project selling $8m worth of Ethereum (ETH).
Has Trump's World Liberty(@worldlibertyfi) started selling $ETH at a loss?
According to Arkham, a wallet possibly linked to #WorldLiberty sold 5,471 $ETH($8.01M) at $1,465 30 minutes ago.#WorldLiberty previously spent ~$210M to buy 67,498 $ETH at an average price of $3,259,… pic.twitter.com/jPMqCiADvt
— Lookonchain (@lookonchain) April 9, 2025
Did World Liberty Financial Sell The Bottom On ETH And Spark The Bull Run As A Result?
@lookonchain made the post early on the morning of April 9, which would have still been late evening in the US. Citing a link to the Arkham Intelligence WLFI dashboard, it showed a wallet possibly linked to World Liberty Financial that sold 5,471 ETH($8.01M) at a price of $1,465.
It noted that WLFI previously spent around $210 million to buy 67,498 ETH at an average price of $3,259. The sale of Ethereum under $1500 gives the platform a loss of roughly $125 million.
Following the disastrous trade from the World Liberty Financial-linked wallet, less than 24-hours later, Trump announced a pause on tariffs to all but China, causing a huge surge across crypto and the stock markets.
DISCOVER: Warren Buffet Crypto Strategy Spotlights Best Wallet as Key For Next Market Cycle
The S&P 500 had its biggest daily gain since 2008 as a result, crypto once again turned to a sea of green, leading to investors calling for the beginning of a monumental bull run.
Ethereum itself has spiked over 10% since yesterday, taking it back above $1600. In less than a day, users on X went from announcing its triple-digit ETH bids to now calling for fresh all-time highs during this quarter. It is currently trading for $1617, per CoinGecko.
It is too soon to tell but as of right now, the WLFI-linked wallet selling ETH at sub $1500 looks to be a disastrous move made by someone with extreme paper hands.
What Next For Ethereum After +10% Overnight Gains
The above chart from just yesterday when ETH was still trading below $1500 shows that the number two digital asset is following the green line to a tee.
By spiking back above $1600, ETH is currently breaking out and if bullish momentum can be sustained, $1840 should be the next level to take out.
From there, a revisit of the of the upside move from November 2024 where ETH spiked from $2300 to over $4000 is back in play. Many are hoping that the 90-day tariff pause from President Trump results in beneficial deals being stuck with its trading partners.
There is even the possibility of a deal being worked out with China, which would allow the stock market to recover and crypto with it.
This would be the fuel needed to allow ETH to stay within a bullish trend, potentially even aiming for a new all-time high by the time Q3 rolls around.
From a fundamental perspective, yesterday also saw the announcement that the Securities and Exchange Commission (SEC) has approved options trading for ETH spot ETF products.
BONUS: BTC Bull (BTCBULL) Shoots Past $4.5m Presale Funding As The Perfect Investment For Crypto Bulls
While World Liberty Financial seem to have paperhanded 7-figures worth of ETH, smart investors are flocking to BTC Bull (BTCBULL).
It is a new meme coin project with a twist. For every preset price milestone for Bitcoin, the BTC Bull team will be airdropping holders BTC directly into their wallets.
Starting once BTC hits $150k and every subsequent $50k hike thereafter, holders of BTCBULL will find their wallets being filled with Bitcoin. The amount of BTC dropped will be dependent on how much BTCBULL one holds. The bigger the bag of BTCBULL, the more BTC will be dropped.
Also built into the BTC Bull project is a token burning mechanism. Beginning at $125k, and continuing at $175k, $225k and so on, the team will be burning a % of the BTCBULL supply.
Combined with the Bitcoin airdrops, this will create a demand for BTCBULL that can’t be fulfilled, potentially creating a supply shock. As investors scramble to stack BTCBULL to increase their Bitcoin airdrops, tokens will be regularly removed from supply and diamond handed holders will be holding onto their tokens for dear life.
Stay connected with the BTC Bull Token community on X and Telegram for the latest updates.
DISCOVER:Â 20+ Next Crypto to Explode in 2025Â
Join The 99Bitcoins News Discord Here For The Latest Market Updates
A blockchain analytics firm spotted a World Liberty Financial-linked wallet selling $8m ETH at a huge loss
- WLFI had spent $210m on ETH over the past few months, which had been cut down to $125m as of yesterdayÂ
- Ethereum has just spiked 10% and is back above $1600 with many calling for new all-time highs in Q2
- BTC Bull (BTCBULL) is the perfect investment for crypto bulls as Bitcoin airdrops will happen once BTC hits $150k
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