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Trump’s Ethereum Holdings Estimated Between $1-5 Million

August 16, 2024

Donald Trump’s latest election disclosures have brought to light that the presidential contender possesses $1 million-$5 million ETH. He has also fetched a noteworthy income from NFT licensing fees.

The filing underlined that Trump raked in $7.15 million via a licensing agreement with NFT INT. Parallelly, Melania Trump’s income from NFT sales hovered in the $330k bracket.

Trump recently hinted at the launch of another NFT collection in May to NFT holders who had gathered at his Mar-a-Lago residence. He stressed on the importance of supply and demand.

He emphasized, “one did great, two did great, three did great,” and in retrospect, a fourth collection is inevitable. In fact, he asserted that people want him to do another one.

While the latest fillings merely gave a ballpark figure of Trump’s ETH holdings, it is interesting to note that the Trump-labeled wallet on Arkham Intelligence holds more than $3.6 million worth of crypto assets in aggregate.

Ether accounts for the largest holding and is followed by its wrapped variant, GUA, TROG, USDC, and MAGAA.

Source: Arkham Intel

In another parallel development, Donald Trump Jr. recently unveiled a Telegram channel 'Defiant Ones' to give users updates pertaining to the upcoming crypto project.

Last week, both Donald Jr. and Eric Trump denied rumors that claimed that the crypto project will be associated with memes.

Soon after, they ended up revealing that it will be related to “digital real estate,” and added, “It’s equitable. It’s collateral anyone can get access to and do so instantly. I don’t know if people realize what a shake-up that is for the world of banking and finance. I hope we can help change that.”

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