Whales Keep Buying TRUMP Meme Coin Before Mar-a-Lago Event, But Price Drops to Record Low
Whale exercise round Official Trump (TRUMP) is intensifying, with holders accumulating tokens forward of the April 25 crypto convention and gala luncheon at Donald Trump’s Mar-a-Lago resort.
On-chain tracker Lookonchain reported that one pockets withdrew 850,488 TRUMP value $2.4 million from Bybit over the previous two days. Moreover, a second pockets pulled 105,754 TRUMP from Binance. The pockets now holds 1.13 million tokens valued at $3.2 million.
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TRUMP Meme Coin Whales Stack Tokens
On-chain knowledge from Santiment reveals a transparent redistribution sample because the occasion was introduced on March 12. The largest holder tier, wallets holding between 10 million and 100 million tokens, trimmed positions from 320.09 trillion to as little as 307.95 trillion in late March.
However, the shopping for exercise picked up after, with holdings growing to 310.1 trillion on April 12.
Whales within the 1 million to 10 million vary moved in the wrong way. Those wallets added 5.56 trillion tokens throughout the identical interval, bringing their holdings to 166.94 trillion.
Wallets within the 100,000-1 million bracket adopted an identical trajectory. Their holdings grew 5% from 96.59 trillion to 101.46 trillion.
BeInCrypto beforehand reported that the highest 297 holders on the leaderboard will earn a seat on the convention. The 29 largest wallets obtain VIP entry to a non-public reception with the president.
TRUMP surged over 50% following the March announcement, briefly touching $4.49. However, the token has since given again all of these positive factors. It traded at roughly $2.8 on April 12.
Overall, in 2026, the meme coin is down by more than 41% and has misplaced greater than 11% over the previous month alone. With the occasion lower than two weeks away, the hole between ongoing whale accumulation and falling costs units up a unstable stretch for TRUMP holders.
The publish Whales Keep Buying TRUMP Meme Coin Before Mar-a-Lago Event, But Price Drops to Record Low appeared first on BeInCrypto.
