Donald Trump owns more than $1 million in Ether

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CoinMoi
08-17
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According to election records, former President Donald Trump now owns between $1 million and $5 million worth of Ethereum and earns a significant amount from Non-Fungible Token issuance royalties.

Donald Trump holds millions of dollars in ETH

According to election filings, former President Donald Trump currently holds between $1 million and $5 million in Ethereum (ETH) and has made significant income from Non-Fungible Token licensing fees. While the filings do not specify the exact amount of ETH , Arkham Intelligence estimates the value of Trump's wallet at $3.42 million. Additionally, Trump has earned $7.5 million through a licensing deal with a company called Non-Fungible Token INT, and former First Lady Melania Trump has earned $330,609 from Non-Fungible Token sales.

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Donald Trump's wallet statistics as of August 17, 2024. Source: Arkham Intelligence.

Data from OpenSea shows that the Trump Digital Trading Cards collection has seen over 15,808 ETH in volume since its launch. In July, Trump said he planned to release a new Non-Fungible Token collection.

Despite his support for cryptocurrencies, the former president did not mention them in his X interview with Elon Musk, nor in his recent campaign press conference. This has left the crypto community “disillusioned,” and the prices of Trump-related memecoins have plummeted .

Currently, the election betting odds on Polymarket show Trump's chances of winning have dropped to 44%, lower than his opponent Kamala Harris's 54%. However, there is still time and Trump supporters still hope that he can "turn the tide".

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The article Donald Trump owns over $1 million in Ether appeared first on CoinMoi .

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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