Data: Justin Sun Adds ~$51 Million of PEPE in 10 Days, Holdings Near 3% Make Him the Largest Individual Holder

October 27 — According to Arkham data, Justin Sun's labeled wallets plus address (0x721), which Arkham speculates belongs to him, together hold about 2.82% of the PEPE supply, worth roughly $51 million — no one outside exchanges holds a larger share. The PEPE was withdrawn from Poloniex in two batches, on October 17 and 26, totaling 11.85 trillion tokens that were worth $48.76 million at the time of withdrawal and are now sitting on an unrealized gain of over $2 million.

On-chain data shows the tokens were initially bought on Binance and only entered his wallet after being transferred through Poloniex and HTX. Between October 15 and 25, Sun transferred $77 million in stablecoins into Poloniex. Previously he held only $267,000 worth of PEPE.