The Trump family reportedly sells Ethereum two months after Eric said “it’s the best time to add ETH.”

• The entity, partially managed by Eric Trump, could be selling Ethereum holdings despite buying his infamous purchases in February.

• The reported sales caused a surge in response online.

• Eric’s father is partially responsible for the hits of his fledgling career as a market punter.

Two months ago, Eric Trump used X to create a memetic post in the cryptocurrency circle.

“In my opinion, it’s the perfect time to add ETH. I can thank you later.” I wrote it. At the time, the asset had just fallen below the psychologically significant $3,000 price level and traded for nearly $2,900, making it seem like it was struggling to make a comeback.

As frequently reportedThis comeback didn’t come true despite Eric’s recommendations, but now it’s another 48% drop, and he may be eating his words.

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The entity, partially managed by Eric, could be selling Ethereum holdings despite buying an infamous purchase in February.

On Wednesday, Crypto Smart Money Tracker LookonChain Flag included Transactions from an address With label World Liberty Financial on Arkham Intelligence. The decentralized financial project taken over by Trump’s family company, partly managed by Eric, suggested that Ethereum was at a loss.

Specifically, the address sold 5,500 ETH for $8 million with an average price of $1,465 per coin. The reported sales caused a 55% loss to global Liberty Financial, accumulating 67,498 coins at $210 million with an average price of $3,259.

Trend: No wonder Jeff Bezos owns more than $250 million in art – This alternative asset has surpassed the S&P 500 since 1995, with an average annual return of 11.4%. This is how each day investors start.

Neither World Liberty Financial nor Arkham Intelligence responded immediately to requests for comment by Benzinga.

The Lookonchain report has caused a surge in online responses, and many cannot avoid pointing out sarcasm in light of Eric’s February statement.

The situation is probably more cynical due to the fact that Eric’s father, the president, will make him president Donald Trumpis partly responsible for the hits of his fledgling career as a market punter.