Justin Sun's associated addresses have cumulatively transferred out PEPE worth $48.76 million, with an unrealized profit of approximately $9.62 million.
Oct 28, 20:40
On October 28, on-chain analyst Ai Yi (@ai_9684xtpa) observed that PEPE rallied over 14% in the past 24 hours, reclaiming the $0.00005 level. A wallet flagged by Arkham as associated with Justin Sun has cumulatively transferred out $48.76 million worth of PEPE since October 17 at a cost basis of approximately $0.000004115 per token, resulting in an unrealized profit of roughly $9.622 million. This allocation accounts for approximately 2.86% of the total supply, making the address the largest individual holder on-chain.