Despite rejecting cryptocurrencies during his first term, President Donald Trump’s return has been marked by a far warmer rhetoric toward the industry and, indeed, by crypto wallet activity associated with the President, according to on-chain data.
Data reviewed by Finbold from blockchain analytics firm Arkham reveal that the crypto holdings associated with a public wallet address attributed to the billionaire-politician declined by approximately $9.22 million in 2025.
Specifically, the value of the President’s holdings fell from $10.16 million on January 1, 2025, to $939,590 on December 31, 2025.
Notably, the portfolio has fallen by roughly 96% from the mid-2024 highs of approximately $24 million to the press time levels near $760,267.
Among the remaining cryptocurrencies, the three most valuable tokens are TROG – an apparent meme coin featuring a frog with a MAGA cap – the stablecoin USDC, and WeFi, a token associated with a novel decentralized crypto banking platform.
While TROG’s large footprint might appear confusing, it is worth noting that anyone can send cryptocurrency to a known wallet of a public figure without their direct involvement, meaning it is likely the President had no direct involvement in the acquisition of the meme coin.
President Trump’s latest major crypto trade revealed
Interestingly, President Trump’s most recent direct involvement with the market came as far back as February 2025.
Blockchain data shows the wallet associated with Trump sent 1,000 ETH to Coinbase, where it could have been sold, though the blockchain cannot confirm the assets were actually sold on the exchange.
The trade coincided with a series of X posts made by the President’s son, Eric Trump, about how early February was the perfect time to purchase more Ethereum, though there is no evidence the events were directly connected.
Lastly, and judging by ETH’s 2025 performance, Eric Trump appears to have been wrong as the cryptocurrency was, at the time, on a downtrend that only ended with the April low price near $1,500 – 48.28% below the early February levels near $2,900.
Eventually, Ethereum soared to its August high at approximately $4,830 – 66.55% above its February values and 222% higher than the April lows – but subsequently entered a downtrend that led to ETH’s press time price of $2,980.
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