Two-thirds of Trump memecoin buyers and 85% of WLFI secondary buyers are underwater

Nansen data cited by The Block indicates most wallets that bought Trump's memecoin and WLFI on secondary markets are sitting on losses, even as President Trump recently reported $1.4 billion in 2025 crypto-related income.

Summary

Most wallets that bought Trump's memecoin are currently holding losses, with Nansen data showing roughly two-thirds are underwater. The same dataset indicates 85% of WLFI buyers on secondary markets are also in the red. The figures point to a sharp gap between trading outcomes for many retail-style buyers and the broader economics around Trump-linked crypto activity. The Block also said President Trump recently reported $1.4 billion in 2025 crypto-related income.

Terms & Concepts
  • memecoin: A token driven largely by online attention and branding.
  • secondary markets: Platforms where investors trade assets after initial issuance.
  • underwater: Holding an asset at a loss versus purchase price.