World Liberty Financial Rejects Rumours of Ethereum Sale Amid Price Volatility

World Liberty Financial denies selling any Ethereum holdings, calling reports false. Ethereum has dropped below $2,000, sparking increased whale activity, including new wallets accumulating significant amounts. Analysts suggest Ethereum may be undervalued, indicating a potential price bounce due to low sentiment and reduced selling by long-term holders.

World Liberty Financial Inc. (WLFI), associated with former President Donald Trump, has officially denied reports alleging that it sold $8 million worth of Ethereum (ETH). A WLFI spokesperson termed these claims “wholly inaccurate,” asserting that the company has not liquidated any of its cryptocurrency holdings.

The current market dynamics show Ethereum’s price has recently fallen below $2,000, leading to increased activity among cryptocurrency whales. Notably, a new wallet has accumulated 9,610 ETH, valued at approximately $14.54 million, amidst ongoing price volatility, which included a lows of $1,400 earlier this week.

Ethereum’s price has seen significant fluctuation, with over a 55% decline since the beginning of 2025. This drop has raised concerns regarding investor sentiment and returns, which now sit at zero since 2018. Despite criticism, WLFI has notably increased its Ethereum holdings this year, sustaining its interest in the altcoin market.

A surge in Ethereum whale activity has been observed recently. While some long-held wallets are selling due to perceived stagnation within the market, new entrants are capitalising on the price dip. For instance, one wallet withdrew 5,000 ETH from Kraken, using it as collateral to borrow $7 million, which was subsequently reinvested for an additional 4,610 ETH at an average price of $1,518, indicating bullish outlook on ETH.

Market analysts have posited that Ethereum may currently be undervalued, suggesting a potential price recovery. Crypto analyst Ali Martinez noted a significant decline in Ethereum’s entity-adjusted dormancy flow to below 1 million, signalling a historically recognised macro bottom. This trend suggests a potential for long-term investors and indicates a reluctance to sell, raising hopes for a rebound in ETH’s value in the near future.