Former US President Trump's Wallet Moves $2.4M Worth of Ether to Coinbase, On-Chain Firm Reports

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Cointime2023/12/28 07:38

By:Cointime

According to Arkham Intelligence, a wallet associated with former US President Donald Trump transferred over $2.4 million worth of ether to Coinbase in recent weeks, likely indicating the sale of the holdings. The ether was generated as royalties from the official Trump non-fungible token (NFT) collection on OpenSea. The wallet, which holds $2.2 million worth of various tokens, was tied to Trump in August based on public financial disclosures. Despite being a crypto skeptic during his presidency, Trump appears to have been a crypto user in recent years and made between $500,000 and $1 million from sales of his NFT collection.

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