Nearly 989,000 holders of the TRUMP token, officially associated with U.S. President Donald Trump, recorded losses totaling $3.81 billion by the end of June 2026, according to blockchain analytics firm Nansen. The losses stemmed from a 97% price collapse from the token's all-time high of $75.35, reached shortly after launch in early 2025, to approximately $1.76 at the time of analysis. Nansen's data, based on public blockchain transactions, showed that roughly two-thirds of the token's 1.48 million wallet holders ended up in the red, while around 500,000 wallets—primarily early buyers—collectively gained about $4 billion in profit.
TRUMP Token Holders Record $3.81 Billion in Losses by End of June 2026
Of the approximately 1.48 million wallets that purchased the TRUMP token, 988,905 ended up with losses by the end of June 2026, according to Nansen. The $3.81 billion figure includes both realized losses—investors who sold the token at a loss—and unrealized losses from holders whose positions remained underwater. This means roughly two-thirds of all TRUMP token holders were carrying losses at the time of the analysis.
By comparison, around 500,000 wallets collectively made about $4 billion in profit. The gap between early and late participants was particularly pronounced. Some buyers entered before the sharp price rally in early 2025, while others joined after the reversal, when the token had already started losing much of its market capitalization.
Price Collapse From $75.35 All-Time High Leaves Two-Thirds of Wallets Unprofitable
At the time of Nansen's analysis in early July 2026, TRUMP traded near $1.76. That represented a 97% decline from its all-time high of $75.35, which was reached shortly after the token launched in early 2025. The collapse effectively wiped out most buyers who entered the asset at elevated levels while expecting the rally to continue.
The price trajectory followed a pattern seen in other speculative tokens: early buyers captured most of the upside during the initial rally, while late buyers entered near the peak and carried the downside after momentum faded. A similar scenario played out with Kanye West's YZY token, whose market capitalization reportedly surged to $3 billion within 40 minutes before collapsing amid suspicions of insider trading.
Trump Family Declares $636 Million Income From TRUMP Token in 2025 Disclosure
According to the 2025 financial disclosure filed by Trump and his family, they declared more than $636 million in income from the TRUMP token, including royalties and trading fees. This was the largest source of income among the crypto projects associated with the president and people close to him.
The family's total income from crypto assets exceeded $1.4 billion, surpassing its income from real estate during the same period. Real estate has traditionally been viewed as the foundation of Trump's fortune. The disclosure was published between June and July 2026 and covered the results of the 2025 fiscal year.
Nansen Calculates Losses Using On-Chain Blockchain Transaction Data
Nansen's analysis was conducted in early July 2026 and was based on direct blockchain transaction data. This means the calculations relied on publicly verifiable on-chain records rather than exchange reports. The methodology compares each wallet's purchase price with the current market value of the token, allowing the firm to separate profitable holders from unprofitable ones and estimate both realized and paper losses.
The data shows a sharp divide in capital distribution. A smaller group of early buyers and likely project-related entities captured most of the gains, while the majority of retail investors who entered later were left with losses.
Early Buyers Capture $4 Billion Profit While Late Entrants Bear Losses
One technical factor affecting TRUMP's price volatility is its relatively low circulating supply. When a small share of total supply is freely traded on the market, the token can become more sensitive to large transactions. The lower the circulating supply relative to total supply, the more sharply the price can react when major holders buy or sell. That structure can amplify both upside rallies and downside crashes, especially in speculative tokens driven by hype and concentrated ownership.
From an analytical perspective, the TRUMP token follows a familiar crypto-market pattern: early buyers capture most of the upside, while late buyers enter near the peak and carry the downside after momentum fades.
FAQ
How much money did TRUMP token holders lose by the end of June 2026?
According to blockchain analytics firm Nansen, 988,905 TRUMP token holders recorded total losses of $3.81 billion by the end of June 2026. The figure includes both realized losses from investors who sold at a loss and unrealized losses from holders whose positions remained underwater. This represented roughly two-thirds of the token's 1.48 million wallet holders.
What was the TRUMP token's price at the time of Nansen's analysis?
At the time of Nansen's analysis in early July 2026, the TRUMP token traded near $1.76. This represented a 97% decline from its all-time high of $75.35, which was reached shortly after the token launched in early 2025.
How much income did the Trump family declare from the TRUMP token in 2025?
According to the 2025 financial disclosure filed between June and July 2026, the Trump family declared more than $636 million in income from the TRUMP token, including royalties and trading fees. The family's total income from crypto assets exceeded $1.4 billion during the 2025 fiscal year, surpassing its income from real estate.
