Dormant Wallet Makes $7 Million Bet

A dormant wallet accumulated about 2.2 million tokens of Official Trump shortly after the project announced a gala luncheon at Mar-a-Lago.

According to on-chain data from Arkham Intelligence, the wallet, inactive for five months, began purchasing tokens from Binance on Mar. 13.

The whale executed four transactions, starting with a smaller test buy before making two purchases of roughly 1 million tokens each, followed by another 200,000-token acquisition, totalling more than $7 million.

The buying spree came hours after the project announced a conference and gala luncheon on April 25, open to the top 297 TRUMP holders based on average holdings between…

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