An address trading Trump family-related meme coins has incurred a $14 million loss but has not yet sold any holdings.

TechFlow reports, according to monitoring by lmk.fun, a certain address has incurred losses of up to $14 million trading meme coins related to the Trump family.

The specific losses include: a $6.6 million loss from buying TRUMP at an average cost of $61, a $6.1 million loss from purchasing MELNIA tokens at an average cost of $6.3, and an additional $1.3 million lost on fraudulent MELNIA tokens.

Notably, the address still holds these tokens and has not executed any sell transactions.