WuBlockchain
Arkham says wallets it has labeled or tentatively attributed to Justin Sun collectively hold approximately $51.25 million in PEPE, equal to 2.82% of the token's total supply. That position could make Sun the largest individual PEPE holder.
Why it matters
The wallet cluster's share puts ownership concentration at the center of the story. Arkham's attribution is partly tentative, so the figure describes a labeled-wallet assessment rather than confirmed personal control by Sun.
Market impact
Two transfers from Poloniex to the associated wallets on October 17 and 26 totaled approximately $48.76 million. Separately, wallets already labeled as belonging to Sun moved about $77 million in stablecoins to Poloniex between October 15 and 25. Some of the PEPE had previously moved between Binance, HTX and Poloniex, linking the position to a broader exchange-flow pattern.
Frequently asked questions
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How much PEPE do the Sun-linked wallets reportedly hold?
Arkham estimates that the wallets hold approximately $51.25 million in PEPE, representing 2.82% of the token's total supply.
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Could Justin Sun be the largest individual PEPE holder?
The position could make Sun the largest individual PEPE holder, although Arkham's wallet attribution is partly tentative.
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How much PEPE moved from Poloniex to the associated wallets?
Two transfers from Poloniex on October 17 and 26 totaled approximately $48.76 million.
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What other flows were linked to Sun-labeled wallets?
Wallets already labeled as belonging to Sun moved approximately $77 million in stablecoins to Poloniex between October 15 and 25.
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Which exchanges had previously handled some of the PEPE?
Some of the PEPE had previously moved between Binance, HTX and Poloniex.
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