4,870 wallets related to Trump-linked World Liberty Financial Project were sold. $ETH Approximately $10.61 million $USDCaccording to market data shared by crypto trackers. Sales were conducted at an average price of approximately $2,178 per sale. $ETH.
Ethereum traded around $2,185 after the session, declining slightly during the session as it remained under pressure from exchange-traded fund outflows and broader market caution. $ETH It is trading near the bottom of its recent channel, and analysts are watching to see if buyers defend the $2,150 support zone.
The World Liberty sale comes as the project comes under public and legal scrutiny. Cryptocurrency ventures linked to Trump have faced questions over governance tokens, financial activities, investor restrictions, and reported disputes with early backers.
world liberty sells $ETH As the market monitors the activities of the Ministry of Finance
4,870 $ETH sale Adds to recent financial management activities related to World Liberty Financial. The project has attracted market attention for some time due to its political connections, token structure, and reported asset movements.
Latest sales converted $ETH into the $USDCa dollar-pegged stablecoin widely used in cryptocurrency trading and financial management. Such trades are frequently monitored by traders, as large wallet sales can affect market sentiment, especially when they involve politically connected or widely supported projects.
world liberties $WLFI Governance tokens are also facing intense volatility. The token was recently trading around $0.08, well below its previous high. However, for now, early investors are allowed to release 20% of their holdings, creating new supply dynamics in the market.
According to reports, this project $WLFI Tokens as collateral. Lawmakers and legal observers have questioned whether this structure raises investor protection and liquidity concerns.
Ethereum ETF records massive weekly outflows
Ethereum’s market backdrop remains weak after another week of US spot crypto ETF outflows. The Spot Ethereum ETF recorded net outflows of approximately $255.11 million for the week from May 11 to May 15, according to data cited by the market report.
Blackrock Ethereum ETF reportedly Approximately 77,567 units sold $ETH Fidelity sold about 25,770 units that week. $ETH. Approximately 7,409 units of Grayscale were sold $ETHARK 21 shares were sold 637 shares $ETH. VanEck was one of the few issuers listed as a buy. $ETH during the same period.
The broader U.S. spot crypto ETF market recorded total net outflows of about $1.13 billion last week, including about $1 billion from Bitcoin ETFs. This outflow shows that institutional capital flows remain negative across both major crypto assets.
Despite the withdrawal of funds, Ethereum price remains close to $2,150 to $2,185. Analyst Ali Martinez pointed out that: $ETH has returned to the lower end of the channel and said a pullback could occur if the $2,150 support area holds.
If buyers defend that zone, traders are eyeing a possible move towards $2,280 and $2,390. A break below the lower support area could weaken the setup and draw attention to deeper demand levels.
legal pressure increases $WLFI
World Liberty Financial also faces legal and regulatory pressures. Sen. Elizabeth Warren has reportedly asked the Securities and Exchange Commission to investigate the project for potential securities law issues and disclosure to investors.
A legal analyst is claimed that $WLFI Questions may be asked under the Howie test, which is used to assess whether an asset is an investment contract. The Project has not been found liable in court regarding these claims.
The project is also embroiled in a dispute with Tron founder Justin Sun, who reportedly invested $45 million in World Liberty. Sun alleges that his tokens were wrongly frozen and that the project used account controls to restrict the sale or movement of his assets.
World Liberty executives, including Zach Witkoff and Eric Trump, reportedly rejected Sun’s claims and called them baseless. The dispute remains part of a broader legal battle over investor rights, token management, and project governance.
