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Arkham estimates Justin Sun holds about 3% of PEPE supply

NewsFeeds update

Arkham said wallets tied to Justin Sun and others it believes he owns hold about $51.3m of PEPE, roughly 3% of supply, built up over the past 10 days, making him likely the largest individual holder.

AltcoinsCoinNessAINeutral

Read the original on CoinNess

The story so far: Justin Sun-linked PEPE wallet activity

An address linked to Justin Sun received 7.2tn PEPE from a Poloniex multisig in mid-October. Analyst Ai Yi says related addresses moved $48.8m since 17 October. PEPE is now up over 14% in 24 hours, with the transferred tokens showing an unrealised gain of about $9.62m.

  1. Justin Sun address receives 7.2tn PEPE worth $28.4m, analyst says

    On-chain analyst Ai Yi says an address linked to Justin Sun (0x176…0a132) received 7.2tn PEPE, worth $28.44m, from a Poloniex multisig address 22 hours earlier. It was the address's first PEPE on-chain activity since June 2024, when the token traded at $0.00001256.

    AltcoinsOdailyAIBullish

  2. Wallet linked to Justin Sun moves $48.8m of PEPE since 17 October, analyst says

    Analyst Ai Yi says a wallet tagged as linked to Justin Sun withdrew 4.65tn PEPE from Poloniex 10 hours ago and holds 11.8tn PEPE at an average cost of $0.000004114, with related addresses moving $48.8m since 17 October.

    AltcoinsOdailyAIBearish

  3. Arkham estimates Justin Sun holds about 3% of PEPE supply

    Arkham said wallets tied to Justin Sun and others it believes he owns hold about $51.3m of PEPE, roughly 3% of supply, built up over the past 10 days, making him likely the largest individual holder.

    AltcoinsCoinNessAINeutral

  4. PEPE jumps over 14% in 24 hours as Justin Sun-linked holdings show about $9.62m gain

    PEPE rose back above $0.000005, up more than 14% in 24 hours. About $48.8m of PEPE transferred out since 17 Oct at a cost of about $0.000004115 shows an unrealised gain of about $9.62m, roughly 2.86% of supply, though on-chain data cannot confirm whether the funds are Justin Sun's own position.

    AltcoinsOdailyAIBullish

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Every Altcoins update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.