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Trump campaign raises $21 million during 2024 Bitcoin conference

BlockBeats news, July 31, according to The Block, former US President Donald J. Trump's campaign team raised $21 million during the 2024 Bitcoin Conference.

It is reported that these funds mainly came from a fundraising event after Trump's speech on Saturday, which was organized by Tennessee Republican Senator Bill Hagerty and attended by 100 people. Bitcoin Magazine CEO said: "This is the second highest amount of money Trump has raised in three presidential campaigns. The funds come from a combination of industry and whales/OGs."

Trump previously reported that he personally owned $100,000 to $250,000 worth of cryptocurrency in 2022. According to documents from the Federal Election Commission, his campaign raised a total of $221 million and currently has $128 million in cash on hand.

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Trump campaign raises $21 million during 2024 Bitcoin conference

A certain whale took advantage of the market downturn to sell off $8.18 million in BTC and ETH, re-emerging after 22 days of inactivity.

Apple AAPL falls below on-chain whale cost basis, six major long positions lose over $1 million each.

A certain whale bought the dip with a large crude oil long position, with the scale now exceeding $140 million.

11 millionaire whales liquidated overnight on Hyperliquid, totaling approximately $30.4 million