World Liberty Financial, which has been endorsed by former President Donald Trump, has initiated the sale of Ethereum (ETH) as it faces significant financial losses exceeding USD 125 million. The company has reported that its current fiscal challenges have impacted its operational capabilities, prompting the decision to liquidate ETH assets. The selling of Ethereum comes amid broader market volatility and raises questions about the sustainability of projects with high-profile backing in challenging economic conditions. Investors and analysts are closely watching the situation as it develops, particularly concerning the implications for the Ethereum market and broader cryptocurrency ecosystem.
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