đ·**The TRUMP Dinner Isnât Over, But the VIPs Are Already Gone** đ
While Trump raised his champagne at his golf course-themed crypto dinner on May 24, the real party was happening *on-chain*âand not in a good way. Behind the toasts and tuxedos, wallets were being emptied, not filled.
đ”ïžââïž According to on-chain data, **over 60% of the so-called âdie-hardâ \TRUMP holders**âinvited to the exclusive event with millions in tokensâhad 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).
đž At the peak: \$120M in TRUMP held by the elite circle.
đ Now: Less than **\$53M** remains. The rest? Gone to exchanges.
And hereâs the kicker:
đ Two whalesâSunâs 1.4M tokens and a *mystery wallet* holding 2.3Mânow control **80% of whatâs left**. This so-called âvalue consensusâ has turned into a two-player game of capital and optics.
đ The âOn-chain Detectiveâ 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.
đœïž **Flipping the table after dessert?** Pretty much business as usual in the crypto world.