President Donald Trump’s publicly attributed cryptocurrency holdings saw a notable rebound in the third quarter of 2025, rising by 36.6% in value after experiencing significant losses earlier in the year.
According to research by Finbold, Trump’s crypto wallet increased from $2.27 million on 1 July to $3.10 million by 30 September, reflecting a paper gain of approximately $823,000. The findings are based on Finbold’s Q3 2025 Cryptocurrency Market Report, which draws on on-chain data tracked by analytics platform Arkham.
This recovery follows an 80.7% plunge in the first quarter of the year, when the portfolio’s value fell from $10.16 million to $1.96 million. By the end of the first half of 2025, the wallet had stabilised near $2.2 million, still down 78.3% year-to-date. Despite the Q3 gains, Trump’s crypto holdings remain 69.5% below their value at the start of the year.
“Two forces stand out in this rebound,” said Jordan Major, lead author of the report. “The first is that Trump’s wallet keeps receiving unsolicited airdrops from meme-token creators looking for attention. The second is the periodic frenzy around Trump-branded tokens, where community promotions drive sharp, if temporary, gains in on-chain valuations.”
Arkham has attributed the wallet to Trump through previous financial disclosures and NFT royalty inflows, although this does not confirm his direct involvement in its day-to-day management. Large deposits linked to Coinbase accounts indicate minimal residual balances, suggesting that proceeds are frequently converted or transferred off-chain.
“Much of the value reflects inflows rather than traditional investment activity,” added Diana Paluteder, co-author of the report. “This makes the wallet’s performance more a snapshot of speculative flows into Trump-themed assets than evidence of an active trading strategy.”
Beyond his personal wallet, Trump’s influence extends to World Liberty Financial (WLFI), a decentralised finance platform positioned as a patriotic alternative to Wall Street. WLFI’s digital asset holdings skyrocketed from $179.3 million to $10.81 billion in Q3 — a staggering 5,931% increase — driven by aggressive token issuance, limited liquidity, and politically charged enthusiasm.
The surge in WLFI highlights how Trump’s brand continues to fuel speculative narratives in crypto markets, even as concerns linger over the sustainability of such elevated valuations.