- A whale amassed $5.66M in TRUMP tokens from Binance and Bybit ahead of a Trump dinner.
- Only time-weighted TRUMP token holdings count for eligibility to attend the dinner event.
- TRUMP token trading surged, generating $900K in fees and fueling excitement among holders.
A major TRUMP token whale has withdrawn over $5.66 million worth of assets from Binance and Bybit. The accumulation is fueling speculation that investors are positioning themselves for Donald Trump’s exclusive dinner event.
Whale Withdrawals Accelerate Across Binance and Bybit
Over the past 30 hours, a whale address accumulated 229,694 TRUMP tokens valued at $3.38 million. Total TRUMP withdrawals from centralized exchanges now stand at 413,530 tokens worth $5.66 million, according to a post by Crypto Patel. The whale’s activity shows strong conviction, with an estimated unrealized profit of $430,000 based on current market data.
In the report, it was also noted that the whale address involved is BwsWUrUmhwKSd6RatTfTcgA8eyVmgmGSaYr4mq5GaWMy. The address received major TRUMP transfers from Bybit Hot Wallets and Binance 2, including 162,094 tokens from Binance. These smaller TRUMP movements originating from private wallets underline sustained accumulation patterns ahead of the event.
Dinner Invitation Pushes TRUMP Demand Higher
Investor enthusiasm appears linked to the upcoming Dinner with Donald Trump event slated for May 22. As per these reports, whale accumulation surged as participants aimed to secure eligibility for exclusive dinner access. Holders need time-weighted positions, not raw balances, to qualify under the project’s official leaderboard rules.
The top 25 holders will earn access to a VIP reception and a private tour before the dinner itself. Cryptorank estimated that to reach the top 220 wallets, an investor must control over $395,000 in TRUMP tokens. However, Trump project developers clarified that only time-weighted holdings count toward qualification, correcting widespread community confusion.
Whale Activity Drives TRUMP Ecosystem Revenues
The increased trading volume in TRUMP tokens has produced financial benefits for the associated project team. Chainalysis reported that nearly $900,000 in trading fees have been generated in the past 48 hours through token trading activities. This influx of revenue provides a boost to the broader TRUMP token ecosystem ahead of the highly anticipated dinner event.
Market analysis showed the whale purchased 427,000 TRUMP tokens at an average price of $13.40 each. Of this, $5 million originated from Binance withdrawals, while the rest came from earlier profits reinvested directly into TRUMP. The current leaderboard lists “Sun” in first place with over 1.17 million tokens worth approximately $18 million.
