Chainalysis: 58 wallets gained $1.1 billion from TRUMP, while 764,000 wallets incurred losses.

GateUser-6433627c · 2025-05-07T14:14:37+00:00

Blockchain analysis company Chainalysis shows that 58 wallets made over $1.1 billion in profits from President Trump's memes, while 764,000 wallets incurred losses. Most of the wallets that suffered losses belong to small holders. The TRUMP event is scheduled to take place on May 22, hosting a reception for the largest 25 wallet holders, along with activities such as a visit to the White House.

GateUser-6433627c

2025-05-07 14:14:37

Abstract generation in progress

[Chainalysis: 58 wallets profit $1.1 billion from TRUMP, 764,000 wallets incur losses] Anthony Scaramucci, founder of SkyBridge Capital, cited data from blockchain analysis company Chainalysis stating that 58 wallets have profited over $10 million each from President Donald Trump’s meme coin, with total profits reaching $1.1 billion. 764,000 wallets have incurred losses due to TRUMP, with most of these wallet holders being small holders. The TRUMP event is scheduled to be held on May 22 at the Trump National Golf Club in Washington, D.C., and will include a reception for the top 25 wallets with the highest balances, as well as a tour of the White House.

TRUMP3,36%

MEME0,38%

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