Analysis: "TRUMP Dinner" stimulates investors to cash out and leave, with over 869 million US dollars of TRUMP tokens flowing out in the past 7 days

According to data from blockchain analysis company Nansen, the TRUMP token experienced over $869 million in outflows in the seven days ending April 25th, following US President Donald Trump's announcement of inviting the top 220 TRUMP token holders to a dinner in Washington D.C. on May 22nd. Although some investors may continue to hold or purchase tokens in order to qualify for the dinner, data shows that more holders choose to cash out and exit the market amidst price fluctuations. According to the official ranking of TRUMP tokens, one of the largest holders of TRUMP tokens is currently an address with the username "Sun", holding approximately 1.1768 million tokens (worth about $16 million). The identity of the address holder is still unknown. In addition, the TRUMP token team controls 80% of the total supply, which has also raised concerns in the market about potential conflicts of interest and price manipulation.