According to the Planet Daily, Nansen data showed that on January 19, the Mechanism Capital wallet purchased 500,000 TRUMPs at a cost price of approximately US$0.506, and then purchased another 23,900 TRUMPs on the same day. Among them, 136,200 TRUMPs were allocated to the Mechanism Capital wallet, 135,800 TRUMPs were sent to the Mechanism Capital team-related wallets, and 58,400 TRUMPs were sent to Marc Weinstein. Previously, the crypto fund Mechanism Capital stated that it had bet on Trump concept tokens and related NFTs. Founder Andrew Kang said in an X post: "Mechanism Capital has established the first batch of new positions in 2024. These new positions are centered on Trump, including Trump-related Meme coins and NFTs."