Nearly $100 million in trading fees have flowed to the [Trump] family and its partners, although most of that has not yet been cashed out, the Chainalysis data shows.
[...]
The losers — those who paid more for the token than it is now worth — cumulatively have lost $2 billion, in actual or paper losses. Still, many of these traders are holding on to their money-losing tokens, perhaps hopeful that the price will rise again, the data shows.
The profits mostly secured by the early buyers were enormous: a total of $6.6 billion in cashed-out profits, according to Chainalysis.
this post was submitted on 09 Feb 2025
28 points (100.0% liked)
chapotraphouse
13691 readers
46 users here now
Banned? DM Wmill to appeal.
No anti-nautilism posts. See: Eco-fascism Primer
Slop posts go in c/slop. Don't post low-hanging fruit here.
founded 4 years ago
MODERATORS
