A report tallies nearly 1 million wallets in the red by a combined $3.81 billion on Trump's memecoin, a figure that arrives alongside Donald Trump's annual financial disclosure showing the same token generated $636 million in payouts for him. That disclosure records more than $1.4 billion in total crypto-related income for Trump in 2025.
The Scale of Retail Losses
The $3.81 billion in aggregate losses is spread across nearly 1 million wallets, according to the report. That breadth indicates the damage is not concentrated in a handful of large positions but distributed across a wide retail base. The report's methodology — whether the losses are realized, unrealized, or blended — is not specified in the source.
What Trump's Annual Financial Disclosure Shows
Trump's annual financial disclosure, a federally mandated filing, attributes $636 million in payouts specifically to the memecoin. Combined with other digital-asset income, the disclosure puts his total crypto-related earnings for 2025 at more than $1.4 billion.
The two data sets tell opposite stories from the same token. Nearly 1 million wallets are collectively $3.81 billion underwater; the disclosure shows $636 million moving in the other direction, toward Trump. The source does not detail the mechanism — fee arrangement, founding allocation, or royalty structure — that produced that figure.
Source: report on Trump memecoin holder losses; Trump 2025 annual financial disclosure.