Data: Sun Yuchen's two wallets have received a total of 48.76 million USD in PEPE, with the holdings' value rising to 51.01 million USD

Oct 27, 2026 20:32:30

According to Arkham monitoring, two wallets associated with Justin Sun received PEPE in two transactions from Poloniex on October 17 and 26: 7.2 trillion tokens (approximately $28.44 million) on October 17, and 4.65 trillion tokens (approximately $20.32 million) on October 26, totaling approximately $48.76 million. These tokens are suspected to have been initially purchased from Binance, then flowed back through Poloniex and HTX before finally being transferred to Justin Sun's wallet.

During the same period, Justin Sun transferred a total of $77 million in stablecoins to Poloniex in six transactions from October 15 to 25, including $60 million USDT and $17 million USDC, with the funds previously redeemed from Spark/AAVE and Sky.

Before October 17, Justin Sun held only about $267,000 in PEPE (68 billion tokens). Currently, the two wallets have a holding value of approximately $51.01 million, an increase of over $2 million since the time of receipt, accounting for about 2.82% of the total PEPE supply, equivalent to 2.2% of its $2.29 billion on-chain wealth.

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