Today3h ago
Project update
Justin Sun-linked wallets pull $48.76M of PEPE from Poloniex

Justin Sun-linked wallets pull $48.76M of PEPE from Poloniex

Over the past 10 days, wallets labeled or attributed to Justin Sun by Arkham received two large PEPE transfers from Poloniex, on October 17 and October 26, worth about $28.44M and $20.32M.



The combined position now stands at roughly $51.25M, or 2.82% of the PEPE supply, which would make Sun the largest individual PEPE holder.


Between October 15 and 25, wallets already tied to Sun also sent about $77M in stablecoins to Poloniex, the exchange he owns. Part of the PEPE had earlier moved between Binance, HTX and Poloniex.


Some of the addresses are attributed to Sun only tentatively, so the total holding is an on-chain estimate rather than a disclosed position.