Source: Twitter @Chainalysis; Compiled by: Deng Tong, Golden Finance
While most wallets holding $TRUMP are retail buyers who roughly break even, about 50 whales are Achieved over $10 million in profits at wallet level. What else can we learn by analyzing $TRUMP and $MELANIA on the chain?
Chainalysis Reactor shows that after 1 billion $TRUMP tokens were minted, 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.
A further indication of retail popularity is that over 80% of $TRUMP and/or $MELANIA holders hold less than $1,000 worth of assets on Solana investor.
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 21st, over 77% of wallets holding $TRUMP had made less than $100, but 60 whales had made over $1,000 million dollars.
Whales Dominate - As of yesterday, approximately 40 whales held over $10 million in $TRUMP/ $MELANIA tokens, accounting for 10% of all $TRUMP or $MELANIA tokens. 94% of currency holdings.