After news about Justin Sun’s $PEPE holdings started circulating, some long-time PEPE wallets are moving again.
One wallet, 0x2daabb7d7d8114EE334D5A141A97ef181e565e69, has made a move for the first time in a year, transferring 1.45 trillion PEPE to a new address:
0x80374c1F677FF6ae77bF3617DFB12e215741E213
This whale built up a massive position of 4.03 trillion PEPE between May 2023 and August 2024, with an average cost reported as low as $0.000001185. The remaining holdings are still showing an estimated $5.106M in unrealized profit. At the end of 2024, that paper profit reportedly peaked above $32.77M.
The wallet is active again, but moving tokens to a new address doesn’t necessarily mean the whale is selling. Worth keeping an eye on what happens next.
One wallet, 0x2daabb7d7d8114EE334D5A141A97ef181e565e69, has made a move for the first time in a year, transferring 1.45 trillion PEPE to a new address:
0x80374c1F677FF6ae77bF3617DFB12e215741E213
This whale built up a massive position of 4.03 trillion PEPE between May 2023 and August 2024, with an average cost reported as low as $0.000001185. The remaining holdings are still showing an estimated $5.106M in unrealized profit. At the end of 2024, that paper profit reportedly peaked above $32.77M.
The wallet is active again, but moving tokens to a new address doesn’t necessarily mean the whale is selling. Worth keeping an eye on what happens next.
