About 1 million purchasers of the Official Trump (TRUMP) memecoin have incurred collective losses of roughly $3.8 billion as of the end of June, according to a report by analytics firm Nansen. The analysis found that 988,905 buyers, representing roughly two‑thirds of all holders, had lost money on the token, while just under half a million wallets recorded a profit totaling $4 billion. The Nansen report indicated that Trump’s financial disclosure, released on Tuesday, showed he earned more than $1.4 billion from crypto‑related ventures in the previous year and that his TRUMP memecoin generated over $630 million in revenue. The token reached a peak of more than $73 in January 2025 before declining by more than 97 percent, currently trading near $1.70 on CoinGecko. Nansen also examined World Liberty Financial (WLFI), a token linked to the platform co‑founded by Trump and his three sons. Of the nearly 27,000 wallets tracked, 85 percent reported losses amounting to $83 million, while the remaining wallets realized $23 million in gains. The disclosure noted that Trump earned just under $800 million from WLFI in the same period, with the platform retaining a 75 percent share of sales. In a CNBC interview on Thursday, Trump said there was “nothing illegal” and “nothing wrong” with his disclosed crypto earnings and attributed responsibility for his investments to other parties. The disclosures have prompted discussion about potential conflicts of interest involving the president’s crypto holdings.