Nearly one million investors who bought President Trump’s official TRUMP (CRYPTO: TRUMP) meme coin have collectively lost $3.81 billion, according to an investigation by blockchain analytics firm Nansen.

$3.81 Billion Loss Vs. $636 Million Profit

Nansen found that 988,905 wallets, constituting around two thirds of all TRUMP buyers, were underwater through the end of June 2025.

Meanwhile, fewer than 500,000 wallets generated profits totaling roughly $4 billion.

Nansen noted those gains were concentrated among a relatively small group of early buyers who benefited before the token’s sharp decline.