Crypto Whale Invests Over $5 Million in TRUMP
A major investor in the crypto world, known as a “whale,” recently made a surprising move by pouring more than US$5 million (equivalent to IDR 92 billion) into purchasing TRUMP tokens.
His motivation? Not merely for investment purposes, but to secure a rare opportunity to attend a private dinner with former U.S. President Donald Trump.
Fantastic Transaction Captured on the Blockchain
According to information cited from Beincrypto, on April 26, the blockchain research team at EmberCN recorded a significant move from this whale.
Initially, the investor gained a profit of US$732,000 from TRUMP tokens. However, instead of cashing out, he reinvested all his profits and even added extra capital.
The total purchase amounted to 427,000 TRUMP tokens, with an overall value of around US$5.73 million using the stablecoin USDC. The average price per token was around US$13.40.
Most of the funds, approximately US$5 million, were sourced from a withdrawal on the Binance exchange, while the rest came from profits of previous trading activities.
Surge in Activity and Its Impact on the TRUMP Project
This massive move has brought fresh momentum to the TRUMP project. According to Chainalysis, transaction fees generated from these tokens have earned nearly US$900,000 for Trump’s associates in just the past two days.
The whale’s aggressive action has sparked speculation within the crypto community that his true motive is to become part of the elite group of top TRUMP token holders.
This is directly tied to the upcoming exclusive dinner planned for May 22, where the top 220 wallet holders will be invited.
Moreover, the 25 biggest investors will also be entitled to additional access to a VIP reception and a private tour offered exclusively.
Clarification of Invitation Rules by the TRUMP Team
Concerns have arisen that only those willing to invest hundreds of thousands of dollars could make it onto the invitation list.
A report from Cryptorank estimated that to be in the top 220, a wallet holder would need to possess more than US$395,000 worth of TRUMP tokens.
However, the TRUMP project team quickly clarified that the requirement to receive an invitation is not that strict.
They emphasized that eligibility calculations are based on the official time-weighted leaderboard, not on raw data seen through public blockchain explorers.
This means that users who are active and consistent in holding tokens over a certain period still have a chance, without having to invest a fantastically large amount of money.
