🍷**The TRUMP Dinner Isn’t Over, But the VIPs Are Already Gone** 😅
While Trump raised his champagne at his golf course-themed crypto dinner on May 24, the real party was happening *on-chain*—and not in a good way. Behind the toasts and tuxedos, wallets were being emptied, not filled.
🕵️♂️ According to on-chain data, **over 60% of the so-called “die-hard” \TRUMP holders**—invited to the exclusive event with millions in tokens—had already **cashed out before the dinner even started**. Among the top 25 VIP wallets, only **8 still held any meaningful positions**, including one belonging to Justin Sun (Sun Yuchen).
💸 At the peak: \$120M in TRUMP held by the elite circle.
📉 Now: Less than **\$53M** remains. The rest? Gone to exchanges.
And here’s the kicker:
👉 Two whales—Sun’s 1.4M tokens and a *mystery wallet* holding 2.3M—now control **80% of what’s left**. This so-called “value consensus” has turned into a two-player game of capital and optics.
🔍 The “On-chain Detective” uncovered some slick moves:
Just three days after the snapshot on May 12, **17 VIP addresses began offloading**, some timing their last sales *perfectly* before the dinner, slicing a \$3.8M dump into 18 quiet transfers to exchanges.
🍽️ **Flipping the table after dessert?** Pretty much business as usual in the crypto world.
