Chainalysis: Who is holding TRUMP tokens?

Source: Twitter @Chainalysis; Compiled by: Deng Tong, Golden Finance

While the majority of wallets holding $TRUMP were roughly break-even retail buyers, around 50 whales achieved over $10 million in profits at the wallet level. What else can we know by analyzing $TRUMP and $MELANIA on the chain?

Chainalysis Reactor shows that after minting $1 billion of $TRUMP tokens, 4 wallets received the majority of funds for holding or providing liquidity to exchanges.

As of yesterday, the majority of wallets holding $TRUMP and/or $MELANIA were worth less than $100, indicating retail buying activity. But there are several wallets holding over $100 million.

Further demonstrating the popularity among retail investors, over 80% of $TRUMP and/or $MELANIA holders are investors holding less than $1,000 worth of assets on Solana.

These are mainly new retail buyers. About 50% of $TRUMP and/or $MELANIA token holders have never purchased Solana altcoins (tokens on the Solana blockchain, excluding $SOL and stablecoins). Nearly half of buyers created a wallet the same day they purchased the token.

In terms of profits, as of January 21, over 77% of wallets holding $TRUMP had made less than $100, but 60 whales had made over $10 million.

Whales Dominate - As of yesterday, approximately 40 whales held over $10 million in $TRUMP/ $MELANIA tokens, accounting for 94% of $TRUMP or $MELANIA token holdings.