Trump Memecoin Holders Lose Over $4 Billion as Nansen Data Reveals Massive Wealth Transfer

Nearly 1 Million Wallets Lose $3.81 Billion on Trump Memecoin, Nansen Finds

Blockchain analytics firm Nansen reported that around 988,905 wallets have recorded a combined loss of $3.81 billion after investing in the Official Trump ($TRUMP) memecoin. Meanwhile, about 492,285 wallets generated total profits of approximately $4.04 billion.

$TRUMP Soared Before Plunging 97%

The $TRUMP token launched on the Solana blockchain on January 17, 2025, just days before Donald Trump’s second inauguration as President of the United States. Within less than 48 hours, the token surged to around $75.35.

Since reaching its peak, however, $TRUMP has fallen by about 97% and was recently trading at around $1.76.

Out of the roughly 1.48 million wallets analyzed by Nansen, about two-thirds ended up with losses. Most of the profits went to early investors who bought the token shortly after launch and sold during the price rally.

Trump and Affiliates Earn Hundreds of Millions

According to the report, President Donald Trump and his affiliated entities have earned an estimated $636 million from the memecoin project. The revenue came from token allocations and royalties, contributing to more than $1.4 billion in their total crypto-related income.

Nansen also found that about 85% of wallets holding $WLFI, the token associated with Trump’s World Liberty Financial project, are currently at a loss.

Raises Concerns Among Investors and Regulators

Of all the wallets analyzed, only about one-third generated profits, while the majority of investors suffered losses.

The findings could also draw increased regulatory scrutiny. The project reportedly generated hundreds of millions of dollars for Trump and his affiliates, while retail investors collectively lost billions of dollars.