Donald Trump Sells Millions of Dollars Worth of ETH Tokens
- Donald Trump reportedly sold $2.4 million worth of ETH.
- The sales follow months of NFT royalty accumulation by Trump.
- Trump’s NFT collections have generated millions in transaction volume.
According to blockchain data tracked by Arkham Intelligence, former President Donald Trump appears to have sold $2.4 million worth of Ether.
This sale comes after months of royalty accumulation from his NFTs. At its peak, Trump’s balance reached $4 million. So far, he has reportedly sold 1,075 ETH.
Three weeks ago, he began sending ETH to Coinbase after months of accumulating royalties. Based on the deposits, he has sold 1,075 ETH for $2.4 million so far.
– said Arkham Intel
Millions of Dollars Generated with Trump’s NFT Collections
In December 2022, Trump launched a collection of 45,000 NFTs, sold for $99 each, accumulating a total transaction volume of 15,013 ETH (worth $35.4 million) on OpenSea. A second collection was also launched in April.
Recently, Trump introduced a brand new series of NFT cards, the “Mugshot Edition,” which offers holders innovative benefits such as the opportunity to dine with the former president or win a piece of the suit he wore during his arrest in August.
Between December 17 and 24, Trump’s NFT cards generated a transaction volume of $119,100.
Ultimately, with this massive Ether sale, one has to wonder: is Donald Trump a Paper Hand?
