Arkham Discovers Donald Trump’s Crypto Wallet with Larger Holdings
According to blockchain intelligence firm Arkham, it has identified the crypto wallet associated with former US President Donald Trump. The firm claims that Trump’s wallet holds a balance of $2,821,575, which is approximately $15,234 higher than the amount reported earlier this week. This suggests that Trump’s crypto holdings are five times larger than previously disclosed.
Main Breakdown:
- Arkham finds Donald Trump’s crypto wallet with a balance of $2,821,575.
- The balance is $15,234 higher than the initial report.
- Trump’s portfolio could be five times larger than previously thought.
- Ethereum is Trump’s largest holding, valued at $2.79 million.
- Trump has expressed negative views on cryptocurrencies in the past.
Despite Trump’s previous comments against cryptocurrencies, it seems that he has a significant investment in the asset class. In 2019, he tweeted his disapproval of Bitcoin and other cryptocurrencies, calling them highly volatile and potentially facilitating illegal activity. However, the discovery of his crypto wallet and its substantial holdings contradicts his earlier statements.
Hot Take:
Arkham’s discovery of Donald Trump’s crypto wallet with larger holdings challenges his previous stance on cryptocurrencies. It highlights the potential for public figures and politicians to hold significant investments in the asset class, even if they publicly express skepticism or disapproval. This finding adds another layer to the ongoing discussion surrounding the intersection of politics and cryptocurrencies.
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