Former U.S. President Donald Trump added his infamous mugshot to his NFT collection in August and has been slowly cashing out earnings in December.
Former United States President Donald Trump appears to be cashing out a great deal of Ether (ETH) he made through selling his NFTs — with his affiliated wallet transferring 1,075 Ether (ETH) into Coinbase since Dec. 8.
Trump made the ETH from his NFT collections, which recently included his infamous mugshot that was captured when he surrendered himself to authorities in Georgia in August.
According to the blockchain intelligence platform Arkham, the Trump-linked wallet has moved 1,075 ETH, worth about $2.4 million, to Coinbase over 13 transactions since Dec. 8. Most withdrawals came in batches of 100, 125 and 200 ETH.
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Source: https://cointelegraph.com/news/trump-cashes-out-ethereum-ordinals-debate-elon-musk-inscription