Justin Sun Exposed as $18M $TRUMP Whale—Just Days Before Trump’s Explosive Gala
Crypto’s most notorious showman strikes again. Tron founder Justin Sun quietly amassed an $18 million position in the Trump-themed meme coin $TRUMP—right as the former president prepares for a high-stakes dinner that could send shockwaves through Washington.
Timing is everything: Sun’s move follows a pattern of politically adjacent crypto plays, though this one reeks of opportunism. The ’whale’ label fits—his wallet dwarfs retail holdings, and the coin’s liquidity pool looks like a kiddie pool next to his position.
Market makers are sweating: A single sell order could crater $TRUMP’s thin order book. But let’s be real—when has Sun ever missed a chance to ride a hype cycle? Just don’t call it an ’investment strategy.’
Justin Sun Confirms Wallet Speculation
“Honored to support @POTUS and grateful for the invitation from @GetTrumpMemes to attend President Trump’s Gala Dinner as his TOP fan,” Sun wrote in an early morning May 20 X post.
“As the top holder of $TRUMP, I’m excited to connect with everyone, talk crypto, and discuss the future of our industry,” he added.
The biggest 220 investors of $TRUMP are slated to attend a gala dinner hosted at TRUMP National Golf Club on May 22, where they will dine alongside the sitting U.S. president.
The top 25 investors will also be eligible to attend an “exclusive reception” alongside Trump ahead of the dinner, which includes a “special VIP tour” for attendees.
Honored to support @POTUS and grateful for the invitation from @GetTrumpMemes to attend President Trump’s GALA Dinner as his TOP fan!
As the top holder of $TRUMP, I’m excited to connect with everyone, talk crypto, and discuss the future of our industry.
https://t.co/FYb39LTwDz
According to CNBC, a wallet listed as “Sun” currently holds around $18 million worth of $TRUMP coins.
Sun, who previously invested $75 million in the Trump-affiliated crypto platform World Liberty Financial, has now given $93 million to Trump-oriented crypto ventures.
Critics Question $TRUMP Foreign Influence
Critics of the gala dinner argue that the event is unethical, as foreign investors may be able to buy favor with Trump via his namesake meme coin. Just this week, a Bloomberg report uncovered that 19 out of the top 25 wallets are based outside of the U.S.
Sun, a Chinese-born crypto executive, was previously at the center of litigation from the United States Securities and Exchange Commission (SEC) for allegedly violating U.S. securities laws, though the TRON founder and the regulating agency are now in resolution talks.
