{"id":58390,"date":"2025-04-10T20:00:08","date_gmt":"2025-04-10T20:00:08","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=58390"},"modified":"2025-04-10T20:00:08","modified_gmt":"2025-04-10T20:00:08","slug":"ethereum-price-dump-is-donald-trumps-world-liberty-finance-behind-the-crash-to-1400","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=58390","title":{"rendered":"Ethereum Price Dump: Is Donald Trump\u2019s World Liberty Finance Behind The Crash To $1,400?"},"content":{"rendered":"

The Ethereum price crash to $1,400 has shaken the crypto market, amplifying already volatile conditions. This dramatic price drop comes after a major ETH sell-off<\/a> by US President Donald Trump\u2019s World Liberty Finance, suggesting that the recent dump may have been a primary catalyst behind ETH\u2019s price collapse<\/a>.<\/p>\n

Blockchain analytics platform Lookonchain revealed<\/a> on April 9 via X (formerly Twitter) that the wallet associated with World Liberty Finance<\/a>, a decentralized finance protocol linked to Trump, recently dumped a significant amount of Ethereum. Interestingly, this sell-off came just before Ethereum\u2019s price crash<\/a>, raising the question of whether it contributed to the unexpected decline.<\/p>\n

Donald Trump\u2018s World Liberty Finance Dumps ETH<\/h2>\n

Launched in 2024, World Liberty Finance is Trump\u2019s controversial digital asset firm<\/a> designed to rival centralized banking and facilitate the adoption of stablecoins<\/a>. According to data from Lookonchain, Trump\u2019s World Liberty Finance, which was previously accumulating Ethereum at a low price, is now selling off a large chunk of its holding at a steep loss.\u00a0<\/p>\n

Lookonchain flagged the transaction, noting that the wallet linked to World Liberty Finance had offloaded 5,471 ETH tokens worth roughly $8.01 million. The sell-off was executed at a price of $1,465 per ETH, a significant drop from its previous value of over $1,600.\u00a0<\/p>\n

Notably, World Liberty Finance\u2019s ETH sell-off move has raised eyebrows across the crypto community. It appears to mark a shift in strategy for a player who was previously known for large-scale ETH accumulation<\/a>.\u00a0<\/p>\n

According to Lookonchain, the wallet address<\/a> linked to World Liberty Finance had accumulated a total of 67,498 ETH at an average price of $3,259. This means that the decentralized finance protocol spent a total of $210 million to amass such a large amount of ETH.\u00a0<\/p>\n

At its sell-off price, this leaves the entity sitting on a staggering unrealized loss of around $125 million. The recent sell-off also adds more fuel to the growing uncertainty surrounding Ethereum\u2019s future outlook, as the cryptocurrency\u2019s recent price crash has sparked even more bearish predictions<\/a> of continued decline.\u00a0<\/p>\n

Although the reason behind World Liberty Finance\u2019s unexpected ETH sell-off remains unclear, some believe that the dump was likely triggered by Ethereum\u2019s ongoing price decline, while others suggest it could signal a market bottom.\u00a0<\/p>\n

Ethereum Price Crash To $1,400<\/h2>\n

Ethereum\u2019s price decline<\/a> to $1,400 came as a shock to the market, making it the first time the cryptocurrency had fallen so low in seven years. Notably, Ethereum was not the only leading cryptocurrency that was affected by the market turmoil, as big players like Bitcoin also suffered losses<\/a>.<\/p>\n

Currently, Ethereum seems to be recovering slightly from its previous low and is now trading at $1,591 after jumping 7.44%. Although this recovery brings hope of a rebound<\/a>, the cryptocurrency\u2019s value has still dropped by 16.63% over the past month. Moreover, technical indicators from CoinCodex highlight<\/a> that sentiment surrounding the cryptocurrency is still deeply bearish, suggesting that further declines<\/a> could be on the horizon.<\/p>","protected":false},"excerpt":{"rendered":"

The Ethereum price crash to $1,400 has shaken the crypto market, amplifying already volatile conditions. This dramatic price drop comes after a major ETH sell-off by US President Donald Trump\u2019s World Liberty Finance, suggesting that the recent dump may have been a primary catalyst behind ETH\u2019s price collapse. Blockchain analytics platform Lookonchain revealed on April […]<\/p>\n","protected":false},"author":0,"featured_media":58391,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-58390","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/58390"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=58390"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/58390\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/58391"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=58390"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=58390"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=58390"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}