"Trump liquidates profits from his NFTs and sells $2.4 million of ETH"

The former president of the United States made an important turn in the world of cryptocurrencies, especially with the sale of ETH.

Former US President Donal Trump made headlines again this time with his notable moves that created a lot of buzz in the cryptocurrency world, especially in relation to Ethereum (ETH). Trump transferred 1,075 ETH worth about $2.4 million to Coinbase over the past three weeks, according to the on-chain analytics platform.

The move contrasts with its previous ETH raising, which came from profits from non-fungible tokens (NFTs) associated with its brand. It should be noted that Trump has ventured into the NFT space with three collections at the time of writing; The first two were in high demand and sold out quickly, while the third was of less interest to the crypto community.

In this scenario, Trump's NFT collections generated a lot of trading in the market, raising 15,013 ETH (around $35.4 million) on the OpenSea NFT marketplace. Additionally, digital cards generated $119,100 in transaction volume during a given week in December. A few hours ago it was learned that Trump unveiled a second series of digital trading cards that will offer his fans the possibility of receiving exclusive benefits, such as having dinner with the former president or buying clothes related to iconic events from his past.

The truth is that specialized media reported a significant increase in activity on the Ethereum network, especially withdrawals from centralized exchanges during this week. And it is worth saying that this "tremor" indicates a changing dynamic in the cryptocurrency market, where important players such as Donald Trump are actively participating in important transactions in the Ethereum and NFT markets.

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