A whale recently deposited 2.2 million TRUMP tokens on a centralized exchange (CEX), valued at $6.29 million, according to BlockBeats On-chain Detection. This transaction occurred three hours ago. The whale had purchased these tokens a month ago to attend a luncheon with U.S. President Donald Trump, incurring a loss of approximately $398,000.

President Trump is set to host a grand luncheon for TRUMP token holders tomorrow at Mar-a-Lago, where he will deliver a speech. He will be joined by 18 'superstars,' and the TRUMP token team has positioned the luncheon as a global cryptocurrency and business conference.