Binance Sees Massive TRUMP Token Withdrawals as Crypto Whales Bet on Political Asset
In a striking display of confidence amid political turbulence, cryptocurrency whales are making significant accumulations of TRUMP tokens, with Binance serving as the primary exchange for these high-volume transactions. The trend highlights institutional belief in the token’s long-term viability despite its controversial associations.
Crypto Whales Accumulate TRUMP Tokens Amid Political Controversy
Major cryptocurrency investors, known as whales, are aggressively accumulating TRUMP tokens despite ongoing political controversies surrounding the asset. The trend underscores institutional confidence in the token’s long-term value proposition during market turbulence.
Notable transactions include a April 28, 2025 withdrawal of 190,987 TRUMP tokens from Binance by whale entity "MeCo," bringing its total holdings to 1.389 million tokens worth $20.59 million. This positions MeCo as the second-largest holder vying for access to the Trump Gala Dinner, trailing only TRON founder Justin Sun.
Parallel activity saw another top-125 holder increase its position by 92,460 TRUMP tokens on the same date. Market observers note these accumulations may be strategically timed ahead of potential VIP event benefits tied to token ownership thresholds.
Trump-Backed World Liberty Financial Partners with Pakistan to Drive Crypto Adoption
World Liberty Financial (WLFI), a DeFi project endorsed by former President Donald Trump, has entered a strategic partnership with the Pakistan Crypto Council (PCC). The collaboration aims to accelerate blockchain innovation in Pakistan, leveraging WLFI’s expertise in decentralized finance.
The agreement follows Binance founder CZ’s recent appointment as a crypto advisor to Pakistan. PCC CEO Bilal Bin Saqib described the partnership as a strategic move to empower the country’s youth through blockchain integration.