Former President Donald Trump has reportedly sold off 1,075 ETH, worth an estimated $2.4 million, over the past three weeks. The sale was made from a crypto portfolio believed to belong to Trump, and the ETH was sent to Coinbase. Trump has been trying to revive his non-fungible token (NFT) trading card business, but with little success. Despite divesting some of his holdings, Trump still holds around $2.2 million in various cryptocurrencies, including $1.4 million in ETH.
Trump’s latest NFT collection, called the “Mugshot Edition,” offers buyers the chance to have dinner with the former President at his Mar-a-Lago estate if they purchase 47 or more Trump cards. The collection features avatars of Trump in different roles, such as a superhero and an astronaut. After Trump’s arrest earlier this year, demand for his NFT collection surged, with sales increasing by 462%. Trump has been vocal about his crypto holdings, despite previously expressing skepticism about cryptocurrencies like Bitcoin.
Disclaimer: This article is provided for informational purposes only and does not constitute legal, tax, investment, financial, or other advice.
This News Article was automatically generated by Bob the Bot (AI)
| Information | Details |
|---|---|
| Geography | North America |
| Countries | |
| Sentiment | neutral |
| Relevance Score | 1 |
| People | Donald Trump |
| Companies | Tucker Carlson, Mar-a-Lago estate, Arkham Intelligence, Coinbase |
| Currencies | Bridged Wrapped Ether, Arcade Arcoin, Ethereum, Jesus Coin, Pepe |
| Securities | None |
