Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn

Donald Trump Holds Over $1M In ETH And Raked In More Than $7M From His NFT Collections

Insidebitcoin2024/08/16 08:49
By:Insidebitcoin
 

Former US President and Republican nominee for the 2024 presidential election Donald Trump holds over $1 million in Ethereum (ETH) and earned more than $7 million through his non-fungible token (NFT) collections.

Personal financial disclosures show that Trump’s holdings in ETH-based crypto assets range from $1 million and $5 million. Data from the blockchain intelligence platform Arkham shows that the total dollar value of Trump’s crypto portfolio stands at just over $3.62 million as of 3:22 a.m. EST. This is after recent 24-hour price increases resulted in an $8K gain.

Donald Trump Wants To Launch Another NFT Collection

Trump also disclosed that he earned more than $7 million through his three NFT collections. One of these collections is the indictment-linked “Mugshot” project. The remaining two are trading card collections.

NFT market OpenSea shows that the Trump Digital Trading Cards collection has recorded over 15,808 ETH in trading volume since its debut. 

Looking to continue the success of his NFT collections, Trump said earlier in the year that he plans on launching a new collection. In a July 16 interview with Bloomberg, he said that “the people want” him to release another NFT collection.

Trump’s Declining Odds On Polymarket

Towards the start of the year, Trump was a clear favorite to win this election on the decentralized betting platform Polymarket. His odds soared to a peak following the failed assassination attempt during one of his campaign rallies.

Over the past few weeks, however, Trump has lost his lead on Polymarket. Democrat rival and current US Vice President Kamala Harris has now taken the lead. Her odds on the platform surged after current US President Joe Biden announced that he will not run for a second term, choosing to endorse Harris as his replacement instead.

Odds in favor of Harris winning stand at 54% on Polymarket. Meanwhile, bets in favor of a Trump victory stand at 44%.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

You may also like

Bitcoin short-term holder demand weakens, long-term accumulation continues: CryptoQuant

CryptoQuant noted the number of bitcoins held by short-term holders has been declining since late May, suggesting a weakening in demand.In contrast, long-term bitcoin holders appear to accumulate in the face of this short-term holder capitulation.

The Block2024/09/11 10:03

US Spot Bitcoin ETFs See $117M in Inflows, Ethereum ETFs Register $11M

Fidelity’s Bitcoin Fund (FBTC) led the surge, attracting $63 million in net inflows.

CryptoNews2024/09/11 07:00

‌Spot copy trading

More
AIOnline
AIOnline
insight1000/1000
11275%
ROI
Total profit $57502.5
HappyPlanets
HappyPlanets
insight500/500
18685.79%
ROI
Total profit $37371.56

Bot copy trading

More
TopTrader85
TopTrader85
insight150/150
$13284.03
Total profit
Total subscriber profits $137.16
GridOnly
GridOnly
insight150/150
$9015.2
Total profit
Total subscriber profits $107.17