Trump Memecoin Skyrockets — But Are Whales Planning Their Exit?

The $ Trump Memecoin has made waves in the world of cryptography, especially following a recent announcement by President Trump that the best holders would be invited to a gala dinner.
Trump Coin sees more than $ 869 million in outings
According to data from the Nansen analysis company, in April 2025, Trump Coin experienced more than $ 869 million in outings from the first 500 wallets. Only $ 96 million in entries were recorded during the week.
It happens at a time when Trump announced a gala dinner for the 220 Trump holders in his Washington golf club, DC. The Nansen analysis company reports that the 100 best portfolios bought approximately 940,000 additional tokens within the hour of the announcement.
The outings suggest that some major holders could have chosen to withdraw instead of following the crowd. Nansen noted that more people sold the tokens than to have bought them. Some new buyers jumped with some aimed at enjoying price oscillations, while others simply hoped to secure an invitation to dinner.
A whale sold 407,467 Trump for $ 5.73 million, earning $ 731,000 in just 30 minutes. Another spent $ 5 million to buy 407,467 Trump at $ 12.27. A liquidity supplier pulled $ 2.76 million to Trump and Sol, pushing their wallets in the 220 upper offs. In addition, a portfolio withdrew 1.5 M USDC to buy 123,228 Trump, likely to guarantee an invitation to dinner.
Since Wednesday’s announcement, 27 anonymous portfolios have bought more than $ 100,000 Trump each, totaling approximately $ 1 million. The biggest purchase was 2 million pieces, worth around $ 24 million.
In April 2025, the founder of Tron Justin Sun would have exceeded Trump’s same ranking, holding 1,176,803 Trump pieces worth more than $ 14 million. The portfolio, under the name of “Sun”, aroused speculation that it could be Justin Sun, who has also invested $ 30 million in World Liberty Financial, a company supported by Trump.
Arkham Intelligence in a recent post X shared that one of Trump’s biggest holders, “ Boop ”, spent $ 300,000 in Fartcoin to buy more Trump and stay in the 25 best holders of Trump dinner. He previously made $ 1.75 million from a Trump investment of $ 107,000.
The other tokens holds user names like “Elon” and “Doge”, which raises questions about the question of whether Musk was involved. With the team behind Trump controlling 80% of the total supply, criticism say that Trump or someone in his family could still shoot a carpet on investors.
Launched in January before the presidency of Trump, the same was faced with several legislators and crypto leaders concerning conflicts of potential interests. Trump Coin jumped 73% during the announcement of the dinner, going to $ 15.47. At the same time, the planned release of 40 million tokens was delayed by 90 days. Trump remains 83% below his $ 75.35 ATH.