Donald Trump is dumping his bags.
Weeks after attempting—with little success—to breathe life into his NFT trading card business for a third time, the former president appears to be divesting his considerable crypto holdings.
According to an analysis by blockchain intelligence firm Arkham, Trump began sending ETH he had accumulated as NFT royalties to Coinbase earlier this month. In the last three weeks, he’s sold off 1,075 ETH, for a total haul of $2.4 million.
Arkham says that still leaves Trump with $2.2 million in various cryptocurrencies—$1.4 million worth of ETH, $649,000 worth of WETH, $167,000 worth of MAGA coin, $340 worth of Pepecoin, and $145 worth of JESUS, among other holdings.
Looks like Donald Trump is selling his ETH.
3 weeks ago he started sending ETH to Coinbase after months of accumulating Trump NFT royalties. His peak balance was $4 million.
Based on the deposits, so far he’s sold 1,075 ETH for $2.4 million. pic.twitter.com/JZzA3cS2je
— Arkham (@ArkhamIntel) December 27, 2023
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Author: Sander Lutz
Tip BTC Newswire with Cryptocurrency