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Nearly 1 Million $TRUMP Buyers Lost $3.81 Billion as President Reported $636 Million Gain

Blockchain analysis says the token’s design and promotion channeled trading fees to Trump‑linked entities, raising ethics questions and calls for probes.

Overview

  • Blockchain analytics firm Nansen found 988,905 wallets suffered combined realized and unrealized losses of $3.81 billion through the end of June 2026.
  • President Trump’s financial disclosure for 2025 shows roughly $636 million in revenue from the $TRUMP memecoin and about $1.4 billion in total crypto income that year.
  • The $TRUMP token’s economic design and concentrated supply allowed affiliated entities to earn fees and licensing revenue whenever the coin traded regardless of its price direction.
  • A relatively small group of early, sophisticated buyers captured about $4 billion in profits while most retail holders lost money and World Liberty Financial token buyers recorded roughly $83 million in tracked losses.
  • Regulatory and legal options are constrained by the SEC’s early‑2025 decision to step back from memecoin enforcement but the reporting has prompted ethics scrutiny, congressional questions, and possible civil suits.