Justin Sun, founder of Tron, may be behind the top wallet on the TRUMP token leaderboard, sparking speculation about his invitation to Donald Trump’s TRUMP dinner.
The event will take place on May 22 and is open only to the top 220 TRUMP holders.
A cold wallet connected to HTX, the exchange associated with Sun, holds the largest number of TRUMP tokens.
This wallet appeared on the gettrumpmemes.com leaderboard after being manually registered.
The leaderboard tracks registered wallets only, regardless of the actual balance in unregistered ones.
The HTX wallet has transferred TRUMP tokens over the past three months. It includes hundreds of different cryptocurrencies, suggesting institutional use.
The wallet saw one increase in TRUMP holdings after Trump’s dinner announcement.
Justin Sun’s Financial Ties to Trump Raise Questions
Justin Sun has previously shown financial involvement with Trump-related ventures. After the last election, Sun invested $30 million in WLFI, a project connected to Trump. Around the same period, the SEC moved to settle a civil fraud case with Sun.
After news about the TRUMP leaderboard position broke, Sun posted a cryptic message on social media.
Although the message didn’t mention the TRUMP dinner, it added to public speculation about his involvement.
Sun has not confirmed owning the HTX cold wallet. Still, his link to the exchange and his financial history with Trump remain public.
TRUMP Token Leaderboard Registration Changes Entry Cost
Following Trump’s announcement, some users claimed the TRUMP dinner required a minimum $400,000 worth of TRUMP tokens.
However, that estimate turned out to be incorrect. Since wallets must be manually registered on the leaderboard, the entry threshold is now based on publicly listed wallets, not unlisted balances.
This rule change has allowed smaller TRUMP holders to enter the top 220 list. As of April 24, many wallets with relatively lower balances are listed. Registration remains open for those willing to submit their wallet data.
The leaderboard’s public data shows that users are ranked only if they choose to participate. The HTX wallet, once registered, immediately claimed the top position by holdings.
HTX Wallet Transfers and Portfolio Raise Attention
The HTX cold wallet tracked by Arkham Intelligence has been active in TRUMP token transfers for several weeks.
Before the dinner announcement, the wallet showed standard movement of various digital assets.
The only notable change in TRUMP holdings occurred shortly after the dinner was publicized.
The wallet also contains large quantities of other cryptocurrencies, showing typical exchange behavior.
This supports the possibility that the address functions as a cold wallet for storage, rather than a personal holding.
Despite this, observers note that Justin Sun’s control over HTX might allow him to claim the wallet as his, giving him access to the event.
The TRUMP token dinner remains limited to 220 wallets, listed on gettrumpmemes.com. Each participant must pass a background check.
Guests listed on KYC watchlists will be denied entry. Each person must attend alone, with no companions allowed.
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