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Donald Trump's Crypto Wallet Address Revealed, He Holds These Cryptos Apart From Millions In Ethereum

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Donald Trump's Crypto Wallet Address Revealed, He Holds These Cryptos Apart From Millions In Ethereum

Arkham Intelligence, a blockchain data firm on Wednesday said that former President Donald Trump is the owner of a cryptocurrency wallet that collects millions of dollars in royalty payments from Non-Fungible Tokens (NFTs). 

What Happened: The blockchain intelligence took to X (formerly Twitter) to share their discovery, referencing Trump’s financial statement from Monday, which mentioned a cryptocurrency balance of $2.8 million. 


Arkham Intelligence further revealed Trump's wallet address 0x94845333028B1204Fbe14E1278Fd4Adde46B22ce on the Ethereum blockchain, with a total stash of $2.8 million in Ethereum (CRYPTO: ETH). In addition to ETH, Trump also holds smaller amounts in wETH, MATIC, and USDC stablecoin, based on Arkham’s profile.

See More: A Stay At The Floating Palace From James Bond's ‘Octopussy’

Why It Matters: Data from Opensea, a popular NFT marketplace, reveals that Trump’s NFT collection has experienced a 14% increase in floor price, surging to 0.11 ETH in the past 24 hours.

Earlier reports indicated that Trump had disclosed the ownership of a crypto wallet holding up to $5 million worth of ETH. Additional financial disclosures, publicly available online, revealed that Trump had received $2.8 million in income that was deposited into the wallet. These disclosures also included earnings of $4.9 million from an NFT licensing deal with NFT INT LLC, the company responsible for two influential NFT drops in the past year.

Price Action: At the time of writing, ETH  was trading at $1,789, down 0.89% over the past 24 hours, according to Benzinga Pro.

Read Next: Bitcoin, Ethereum, Dogecoin Trade Lower After Fed Minutes Indicate Rate Hikes: Tom Lee Predicts King Crypto At $180,000 Only If Spot ETF Gets Approved

Join Benzinga’s Future of Digital Assets in NYC on Nov. 14, 2023, to stay updated on trends like AI, regulations, SEC actions & institutional adoption in the crypto space. Secure early bird discounted tickets now!

 

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Posted-In: Arkham Intelligence Donald Trump NFTsCryptocurrency News Markets

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