Investors holding the TRUMP memecoin are down $3.81 billion combined, while the U.S. President made more than $1.4 billion from his crypto ties, according to data from analytics firm Nansen shared with CoinDesk.
The losses fall on 988,905 of the 1.48 million wallets that have bought Donald Trump's memecoin since its January 2025 launch, roughly two-thirds. The 492,285 wallets in profit are up $4.04 billion, concentrated among buyers who bought the token in the first hours of the launch, when it traded under $1, before it reached a near-$75 high two days later, the data shows.
Across all 1.48 million wallets, gains and losses offset to about $236 million. A small group of early entrants captured most of the upside, while later retail buyers bought higher and faced losses.
The losses worsened as the broader crypto market tumbled. Bitcoin is down roughly 50% from the record above $126,000 it set in October, and the sector has spent the first half of 2026 in a slump.