Chainalysis: just under 700K wallets recorded gains on $TRUMP, 810K+ have lost money, and $6.6B has been secured in cashed-out profits, mostly by early buyers
TRUMP: Over $100 million in trading fees — THE PUBLIC: Over $2 billion in loses Dave Min / @daveminca : If only there was an agency to police our financial markets or protect consumers from financial fraud... Oh yeah, Musk/Trump are illegally “deleting” the CFPB and defanging the SEC. 1/ — www.nytimes.com/2025/02/09/u... X: Matthew Yglesias / @mattyglesias : There's a view that rich people can't possibly be using their political power to further enrich themselves because they are already rich. Then there's the reality. Tommy Vietor / @tvietor08 : 810,000 people have lost money on the $Trump meme coin while the Trump family and partners made $100 million in trading fees alone (per NYT) [image] Avi Asher-Schapiro / @aaschapiro : 31 crypto wallets amassed $669 million in profits trading on Trump's meme coin. https://www.nytimes.com/... Forums: r/CryptoCurrency : Early Crypto Traders Had Speedy Profit on Trump Coin as Others Suffered Losses (Gift Article) r/CryptoMarkets : Early Crypto Traders Had Speedy Profit on Trump Coin as Others Suffered Losses (Gift Article)
If only there was an agency to police our financial markets or protect consumers from financial fraud... Oh yeah, Musk/Trump are illegally “deleting” the CFPB and defanging the SEC. 1/ — www.nytimes.com/2025/02/09/u...
There's a view that rich people can't possibly be using their political power to further enrich themselves because they are already rich. Then there's the reality.