With President Donald Trump's private dinner for top meme coin holders less than a week away, the leaderboard is awash with crypto wallets that are effectively anonymous.

On May 22, the top 220 $TRUMP holders are invited to a dinner with the president at his Virginia golf club outside of Washington, D.C.

The top 220 TRUMP token holders, who will be able to dine with President Donald Trump at his Virginia golf club less than a week away, are largely operating crypto wallets that are effectively anonymous and had an interest in the U.S.-Mexico trade policy, blockchain analytics firm Inca Digital's documents viewed by CNBC showed.

The nature of the pseudonymous wallets is raising questions about the true identities and motivations of the token's largest holders, who have bought a seat at the table with a U.S. president.

On May 22, the apex bidders will be able to mingle with the president at the Trump National Golf Club outside of Washington, D.C., for an evening that was announced last month and the tally for which closed Monday night.

The documents from Inca Digital showed where the top 275 TRUMP token bidders send and receive the token. Many are heavily tied to international exchanges like Binance that don't service U.S. customers, an indication that they're likely not U.S. citizens.

An analysis by Bloomberg revealed that 19 of the top 25 wallets are almost certainly owned by individuals operating outside the U.S.

Justin Sun, who openly shared that he bought $75 million worth of the Trump family's World Liberty Financial token — a digital coin where 75% of proceeds go to Trump-related entities — appears to be at the top of the TRUMP meme token leaderboard.

Sun, who was born in China, is the crypto entrepreneur behind the Tron blockchain and is in talks with the SEC to resolve civil fraud charges.

A wallet called Sun currently holds more than $18 million worth of TRUMP, with $4.5 million bought after the dinner contest announcement, according to Bloomberg.

Multiple reports, including one by Chainalysis, tie the wallet to the Tron founder. A representative for Sun didn't respond to CNBC's request for comment or confirm whether Sun is the wallet owner.

MemeCore, a Singapore-based crypto network that was vocal in its quest to secure a spot at the Trump dinner, landed in second place with an investment of $18 million. An Australian crypto entrepreneur also reportedly made the cut.

The bidders on the leaderboard highlight the token's extreme volatility.

Inca Digital said that while 560,376 wallets have made a combined $5.2 billion in realized gains on the TRUMP token, an even larger number — 592,962 wallets — have collectively lost $3.9 billion.

The figures highlight the massive wealth transfer within Trump's crypto ecosystem, where early buyers have seen windfalls but the majority have suffered losses.

Earlier this year, Chainalysis and Elliptic, two leading blockchain analytics firms, began tracking TRUMP token movements and trading fees. But days after CNBC published a story on the number of crypto wallets that had lost money on the meme coin, the firms said they were too busy with existing clients to continue blockchain analysis of the president's self-branded meme token.

Sen. Richard Blumenthal, D-Conn., the ranking member of the Senate Subcommittee on Investigations, warned that the Trump family's growing crypto holdings may serve as a backdoor for foreign and corporate interests seeking access to the president.

"We're seeing a pattern of the Trump family launching new crypto ventures and then touting them on social media, which drives up the price in the short term but leaves investors holding the bag later on," Blumenthal told CNBC in a statement.

"At the same time, we're seeing foreign and corporate actors try to buy their way into the Trump family's inner circle by investing heavily in these tokens and attempting to land on the leaderboards."

Freight Technologies, a Houston-based logistics firm that trades on the Nasdaq and has a market cap of just over $2.3 million, bought $2 million worth of the TRUMP tokens to influence U.S.-Mexico trade policy, according to a release. CEO Javier Selgas described the move as a strategic push to "champion fair and free trade" across the U.S.-Mexico border.

"We are disappointed that Freight Technologies will not be able to attend the dinner with President Trump, but we respect the outcome of the competition and congratulate the apex bidders who secured a seat at the table," a spokesperson for Freight Technologies said in an email.

"Our goal was to engage with President Trump on critical issues that matter to our company and industry, and we believe that this initiative will ultimately contribute to fostering a more positive and productive economic landscape."

The company finished in 250th place, missing the cut for the dinner.

The TRUMP token, 80% of which is controlled by the Trump Organization and affiliated entities, has become the centerpiece of Trump's expanding crypto empire.

The meme coin debuted in January just ahead of the inauguration and soared to a $15 billion market