A crypto wallet associated with former President and prominent Republican presidential candidate Donald Trump contains approximately $10 million worth of assets.

The wallet consists of $7.12 million worth of MAGA tokens, identified by its ticker TRUMP, obtained through the purchase of wrapped ether on Uniswap, as per blockchain data tracker Arkham Intelligence. Additionally, the wallet contains 463.441 ETH ($1.84 million) and 1 million MAGA VP (MVP) tokens valued at around $509,000.

As of today, the wallet's holdings surpassed $10 million, currently standing at $9.95 million. Arkham noted that a significant portion of the wallet's value stems from appreciating assets, notably MAGA, which is currently trading at $12.43, having experienced an 8.3% increase in the past day according to The Block's Price Page. MVP is valued at around $0.48 per token, having declined by 12.7% within the last day based on CoinMarketCap price data.

Trump maintains his position as one of the top celebrities in terms of cryptocurrency holdings, surpassing figures like Justin Bieber, Kevin Hart, and Jimmy Fallon.

The connection of the wallet address to the former president was established using information from his financial statements filed in August 2023. At that time, Trump held nearly $5 million in ETH and earned $4.9 million in royalties from the Trump Digital Trading Card NFT collection, earning him the status of a "crypto whale." The wallet sold off $2.4 million worth of ETH in December 2023, as previously reported by The Block.

During the 2024 Libertarian National Convention on May 25, Trump voiced support for self-custody rights, advocated for banning central bank digital currencies, and expressed openness to the idea of freeing Silk Road founder Ross Ulbricht, for which Ulbricht expressed gratitude. Despite past criticism of bitcoin and other cryptocurrencies, Trump's remarks suggest a more positive and open-minded stance towards the cryptocurrency industry, highlighting its growing significance in the political landscape.