PANews reported on April 11 that World Liberty Financial denied reports that it sold Ethereum (ETH). A spokesperson for World Liberty Financial said the allegations were completely inaccurate and that the project did not sell any holdings. Despite this, the project is still experiencing nine-digit losses. ETH has rebounded after previously selling at $1,465 and is currently trading at $1,553.

Earlier news, WLFI-related wallets sold Ethereum worth $8 million after losing $125 million .