Whales accumulate TRUMP tokens ahead of Mar-a-Lago gala amid political scrutiny
Large investors are buying and withdrawing TRUMP tokens to private wallets, signaling accumulation before a Mar-a-Lago gala hosted by Donald Trump on April 28. Despite trading near record lows, some whales hold millions in tokens, aiming for exclusive event access. Meanwhile, U.S. Senators have questioned the event's planning and Trump's financial involvement, adding regulatory uncertainty to the token's outlook. This political scrutiny comes as the token faces weak price performance and controversy over related crypto lending strategies.
