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Arkham
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GRAYSCALE IS THE LARGEST INSTITUTIONAL HOLDER OF
ETH
THEY HAVE $6.62 BILLION OF ETH
#ETH
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DID TRUMP SELL $500M TRUMP? In short, no. The team holds around ~$500 M in TRUMP liquidity pools on-chain. They have removed a total of $20M from these pools as USDC. Separately, they appear to have sent $92M in TRUMP to exchanges. Deep dive below:
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TRUMP'S NET WORTH QUINTUPLES OVERNIGHT TO $28 BILLION Donald Trump's net worth is up $22 billion overnight, assuming CIC Digital LLC and Fight Fight Fight LLC, which collectively own 80% of the $TRUMP supply, effectively belong to him. At the current price of ~$28, that stake is worth $22.4 billion. @Forbes estimated the President-elect's net worth at $5.6 billion in November 2024. If this is accurate, the addition of the memecoin stake would be a 5x increase.
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