Trump leads X celebrities in terms of crypto holdings: Arkham

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Theblock
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1 year ago

Donald Trump and Justin Bieber have taken first and second place, respectively, in terms of the value of their crypto holdings, according to data from blockchain analytics firm Arkham. The analytics company combines blockchain analytics with financial filings to locate the wallets of specific people and firms. 

"We’ve labeled over 100 celebrities with more than one million X followers. The top five in terms of followers are Justin Bieber ($450,000 in crypto), Donald Trump ($6.4 million in crypto), Neymar Jr. ($56,000), Jimmy Fallon ($113,000) and Kevin Hart ($40,000)," Arkham Intelligence posted on X.com.

Former U.S. president Trump has 87.2 million X.com followers, and according to Arkham Intelligence data, his crypto net worth is over $6 million.

The top holding in the former president's crypto portfolio is over $4 million worth of the Trump-inspired memecoin MAGA (ticker: TRUMP). According to Arkham Intelligence data, the second largest holding in the portfolio is over 429 ether.

Data shows that Trump's crypto wallets last saw significant activity on December 28, 2024, when 250 ether was sent to the Coinbase cryptocurrency exchange.

Donald Trump. Image: Arkham Intelligence.

Canadian singer Justin Bieber has over 110 million X.com followers, and according to Arkham Intelligence, he has a crypto net worth of over $451,000.

The top holding in the crypto portfolio connected with the pop star is ether, valued at over $433,000.

Arkham details that the most recent significant activity associated with the portfolio was the purchase of a Yuga Labs' Otherside Meta NFT for $20,000 on Opensea in May 2022.

Justin Bieber crypto holdings. Image: Arkham

Last Wednesday, Trump said he would ensure cryptocurrency can be used for his campaign donations.

In multiple video clips uploaded to X by Frank Degods, a non-fungible token creator and influencer, Trump appeared to tell a group of buyers of his NFTs that he intends to accept campaign donations in crypto.

“If you can’t, I’ll make sure you can,” Trump said. “Can we donate to the Trump campaign using crypto? I believe the answer is yes.”

Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.

© 2023 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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