$PEPE

Is Sun the Reaper making another “open-card” move? The whale’s grand strategy behind on-chain activity 🐋👇

On-chain sleuths have probably noticed: an address publicly tagged as belonging to Justin Sun suddenly received around 7.2 trillion $PEPE , worth as much as $28.44 million!

I checked the timeline, and this is no coincidence:

📌 April 8: Canary Capital filed the first application for a $PEPE spot ETF.

📌 October 2: The issuer submitted an amended S-1/A filing to the SEC, moving forward with the Cboe listing process.

📌 Shortly afterward: An address associated with Sun, dormant for nearly two years, suddenly began accumulating/buying large amounts of $PEPE !

Top-tier whales are always one step ahead of retail traders. The amended S-1 filing shows that the issuer is in substantive discussions with the SEC. Approval is still uncertain, but the potential for “buy the rumor” speculation has fully opened up.

Does Sun see potential in PEPE’s regulatory-compliance narrative, or is he building a position early and using the hype to ignite FOMO?

💬 Do you think this $PEPE rally can be led by whales to new highs? Let’s discuss in the comments!