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World Liberty Sells 4,870 ETH for $10.61M as Ethereum ETFs Record $255M Weekly Outflows

GateNews

Capital Flow Price Volatility On-Chain Data Stocks

2026-05-17 14:12:12

ETH0.34%

According to market data, a wallet linked to the Trump-affiliated World Liberty Financial sold 4,870 ETH for approximately $10.61 million in USDC on May 16, at an average price of $2,178 per token.

The sale occurred as Ethereum faced sustained pressure from institutional fund outflows. U.S. spot Ethereum ETFs recorded $255.11 million in net outflows for the week of May 11 to May 15, with BlackRock selling 77,567 ETH and Fidelity selling 25,770 ETH. ETH traded near $2,185 following the transaction, with analysts watching whether buyers defend the $2,150 support level.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

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