TRUMP falls 30% as top 100 hold 97% of supply

Whales are pulling TRUMP off exchanges before an Apr 25 Mar‑a‑Lago luncheon. Over 97% of supply sits with the top 100 wallets.

Such concentration lets insider selling offset whale buys fast. Invitations go to the top 297 holders. The top 29 get a private reception, same day as the White House Correspondents’ Dinner in DC (event info).

On-chain flows sped up:
- One wallet withdrew 105,754 TRUMP from Binance, lifting holdings to about $3.2M (Lookonchain).
- Another took 850,488 TRUMP off Bybit in two days (Lookonchain).
- Two more wallets pushed balances above 368,000 and 1,000,000 TRUMP after BitMart and Bybit withdrawals, per Solscan data cited in the report.

The pattern echoes 2025. Ahead of a similar gala, TRUMP ran to $15.55, then slid into the $8.89 area a month later.

This cycle looks smaller. After the March luncheon announcement, TRUMP spiked to $4.30, then fell over 30%, trading near $2.81 as of Monday.

Political heat is rising. Democrats accused Trump of tying access to his office to a speculative token and introduced curbing legislation (CNBC report).

Headline
Whales pull TRUMP before Apr 25 Mar‑a‑Lago; top 100 hold 97% of supply, price slips 30%