Justin Sun-Linked Wallet Holds $23.3 Million in TRUMP Tokens

The Solana wallet address linked to Justin Sun has made him the top holder of the TRUMP memecoin, holding approximately $23.3 million worth of tokens. This wallet is associated with HTX, a crypto exchange led by Sun.

Key points include:

  • The wallet tagged "Sun" tops the leaderboard for an event hosted by Donald Trump.
  • Sun confirmed his status as the largest TRUMP holder via social media.
  • HTX was previously known as Huobi and rebranded in 2023 to emphasize its connection to TRON.
  • Sun also invested $75 million in World Liberty Financial tokens, linked to Trump's family.
  • He faces an SEC lawsuit alleging market manipulation tied to his ventures, which is currently on hold as parties seek resolution under the Trump administration's SEC.
  • The TRUMP memecoin launched shortly before Trump's inauguration and faced criticism regarding its insider allocations.
  • TRUMP token trading at $14.64, up 11% in the last 24 hours.