Did Justin Sun Just Make a Massive Bet on PEPE?
According to data fromи Arkham Intelligence, Justin Sun owns about 2.82% of all available $PEPE tokens, totaling about 11.85 trillion tokens worth about $51.25 million.
Most of that came in over the past ten days, when two large withdrawals from Poloniex occurred on October 17 and October 26.
His previous PEPE holdings were valued at around $267,000 until mid-October.
Only #Binance , #Robinhood , and #Coinbace
own more than him. No other wallet cluster comes close.
However, there's a caveat: Poloniex is connected to Sun's wallet, so some of these transactions might have been internal rather than new market acquisitions.
Regardless, Sun definitely has a stake in PEPE now.
According to data fromи Arkham Intelligence, Justin Sun owns about 2.82% of all available $PEPE tokens, totaling about 11.85 trillion tokens worth about $51.25 million.
Most of that came in over the past ten days, when two large withdrawals from Poloniex occurred on October 17 and October 26.
His previous PEPE holdings were valued at around $267,000 until mid-October.
Only #Binance , #Robinhood , and #Coinbace
own more than him. No other wallet cluster comes close.
However, there's a caveat: Poloniex is connected to Sun's wallet, so some of these transactions might have been internal rather than new market acquisitions.
Regardless, Sun definitely has a stake in PEPE now.