Donald Trump's cryptocurrency wallet, identified by blockchain analytics platform Arkham Intelligence, has accrued a substantial $14 million, with over $1 million in various cryptocurrencies deposited within the past 24 hours, including Ethereum (ETH), Polygon (MATIC), and the USDC stablecoin.

Arkham Intelligence linked the wallet address to Trump using data from his financial statements filed in August last year.

The wallet initially held about $10 million in cryptocurrencies as of May 27, with the largest holding being the meme coin MAGA token, represented by the ticker TRUMP. However, following his conviction in a historic hush money trial on May 30, the wallet experienced a surge in deposits, with the TRUMP token still leading the contributions.

Now, the total meme deposits in the wallet have reached $9.48 million, followed by Ethereum worth about $1.77 million, and wrapped Ethereum (wETH) valued at approximately $1.43 million.

These crypto donations could be seen as a form of support in response to the court’s ruling against Trump, who was found guilty of all 34 felony charges, including participating in an illegal conspiracy to influence the 2016 presidential election and suppress negative information.

Trump, aiming for a political comeback, has been endorsing cryptocurrencies to appeal to digital assets enthusiasts. His campaign recently announced the acceptance of cryptocurrencies for donations through Coinbase Commerce, alongside his engagement in non-fungible token (NFT) projects, which have gained significant attention within the digital art world. Melania Trump has also shown interest in NFT projects, reflecting the family's increasing involvement in the crypto space.