PEPE Rises Over 14% in Past 24 Hours; Justin Sun-Linked Address Sits on ~$9.62M Unrealized Gain
Oct 28, 20:41
October 28: According to on-chain analyst Ai Yi, PEPE's price has rebounded above $0.000005, gaining more than 14% in 24 hours. The Arkham-tagged address associated with Justin Sun has withdrawn a cumulative ~$48.76 million worth of PEPE from exchanges since October 17, at an average price of about $0.000004115, and currently shows an unrealized gain of roughly $9.622 million. These tokens account for 2.86% of PEPE's total supply, making this linked address the largest individual holder on-chain. Whether this operation is a personal position build or an exchange fund reallocation cannot currently be confirmed on-chain, and Justin Sun has not responded.