TRUMP Coin Sees Over $869 Million in Outflows From Top 500 Wallets

As per data from analytics firm Nansen, as of April 2025, TRUMP coin witnessed over $869 million in outflows from the top 500 wallets.

A recent announcement by former President Donald Trump that he would be hosting a Gala Dinner for the top 220 holders of his $TRUMP memecoin has brought a lot of attention to the token. The news also sparked a flurry of activity among crypto traders, with some opting to cash out while others aimed to secure a dinner invite.

According to data from analytics firm Nansen, TRUMP coin witnessed over $869 million in outflows from the top 500 wallets as of April 2025. Only $96 million in inflows were recorded over the week.

The outflows suggest that some large holders might have opted to cash out instead of following the crowd. Nanson noted that more people sold the tokens than bought them. A few new buyers jumped in with some aiming to profit from the price swings, while others were simply hoping to secure a dinner invite.

One whale sold 407,467 TRUMP for $5.73M, making $731K in just 30 minutes. Another spent $5M to buy 407,467 TRUMP at $12.27. A liquidity provider pulled $2.76M in TRUMP and SOL, pushing their wallets into the top 220 holders. Additionally, a wallet withdrew 1.5M USDC to buy 123,228 TRUMP, likely to secure a dinner invite.

A longtime $TRUMP liquidity provider removed liquidity from 2 wallets 2 hours ago, receiving 211,977 $TRUMP($2.76M) and 18,376 $SOL($2.76M).Now, both wallets are in the top 220 holders — giving them a shot at scoring 2 invites to the $TRUMP dinner.This guy bought 332,424… https://t.o/r/aHR0cHM6Ly93Ww==

Since Wednesday’s announcement, 27 anonymous wallets bought over 100,000 $TRUMP coins each, totaling about $1 million. The largest purchase was 2 million coins, worth around $24 million.

As of April 2025, Tron founder Justin Sun reportedly topped Trump’s memecoin leaderboard, owning 1,176,803 TRUMP coins worth over $14 million. The wallet, visualized on blockchain analytics platforms with the name “Sun,” has sparked speculation that it could be Justin Sun’s, who has also invested $30 million in a firm backed by Trump.

According to Arkham Intelligence, one of the biggest holders of TRUMP, ‘Boop’, spent $300K worth of FARTCOIN to buy more TRUMP and stay in the top 25 holders for Trump’s dinner. He earlier made $1.75M from a $107K TRUMP investment.

One of the top $TRUMP holders, 'boop', just swapped $300K of FARTCOIN into $TRUMP, so that he doesn’t fall out of the top 25 attendees for the Trump Dinner.Top holders for the $TRUMP Dinner will be calculated based upon time-weighted holdings of $TRUMP.'boop' previously made a $1.75M profit... https://t.o/r/aHR0cHM6Ly93

Other tokenholders included usernames like "Elon" and "Doge," raising questions about whether Musk was involved.

With the team behind TRUMP controlling 80% of the total supply, critics claim that Trump or someone in his family could still pull a rug-pull on investors.

Launched in January before Trump’s presidency, the memecoin has faced criticism from several lawmakers and crypto leaders over potential conflicts of interest.

Trump coin surged 73% over the Dinner announcement, rising to $15.47. At the same time, the scheduled release of 40 million tokens was delayed by 90 days. TRUMP remains 83% below its ATH of $75.35.