As the world of cryptocurrencies continues to rise, an intriguing development has emerged, centering around US political personalities. Although the likes of J.D. Vance and Ted Cruz have often been in the limelight for their investments in Bitcoin, they are far from being the most active players among US politicians in the crypto world.
A Pro Crypto Politician
Congressman Mike Collins of Georgia’s 10th congressional district is an avid participant in the crypto sphere. He possesses a distinct fondness for altcoins and meme coins and has been actively trading them since late 2023. His portfolio includes renowned cryptocurrencies like Ethereum (ETH), Velodrome (VELO), and Aerodrome (AERO).
According to the latest findings from Finbold’s Congressional trading tracker and earlier reports, Collins has also been involved in cryptocurrency transactions in 2025. Of his most recent trades reported on February 3, prominent ones were ETH and Virtuals Protocol (VIRTUAL).
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Moving to specifics, Collins made a significant investment on January 3, purchasing up to $15,000 worth of ETH and VIRTUAL. Interestingly, while he still holds Ethereum, he sold off Virtuals Protocol within weeks on January 12.
Collins’ Timing with VIRTUAL
In hindsight, his VIRTUAL trade might not be one of his best. The cryptocurrency was priced around $4.30 on January 3, only to dip to roughly $2.70 by January 12. It’s worth noting that there were significant price shifts within both these days.
Had Collins held on to his $15,000 investment for a few extra days, he could have sold VIRTUAL close to his purchasing price, as the cryptocurrency soared to over $3.80 on January 15.
Unfortunately, if Collins had chosen to hold onto his investment, he would be facing losses of up to $9500 today instead of the actual maximum of approximately $5600. As of February 4, Virtuals Protocol was trading at $1.59.
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Collins’ Bet on ETH
Collins’ investment in Ethereum has not fared much better. Although the investment remains unrealized, ETH was trading at around $3500 on January 3 and has since dropped to $2778.79 following a year-to-date (YTD) drop of 18.46%.
Consequently, in addition to his $5600 loss on VIRTUAL, Collins could potentially be down to as low as $11909.10 on his initial ETH investment of $15000.
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FAQs
Who is the most active US politician in the crypto sphere?
Congressman Mike Collins of Georgia’s 10th congressional district has been incredibly active in the cryptocurrency sphere, trading a variety of altcoins and meme coins.
What cryptocurrencies does Congressman Collins trade?
Collins’ portfolio includes renowned cryptocurrencies such as Ethereum (ETH), Velodrome (VELO), and Aerodrome (AERO).
Has Congressman Collins made any significant losses in his cryptocurrency investments?
Unfortunately, Collins’ recent trades in Virtuals Protocol (VIRTUAL) and Ethereum (ETH) have not been particularly successful, with potential losses amounting to several thousand dollars.
In conclusion, the world of cryptocurrency is unpredictable and risky. However, it does offer the potential for high returns. Being informed and cautious in your trading decisions can significantly affect your success rate in this volatile market.
