Arkham data shows that wallets associated with #孙哥 Justin Sun hold approximately 2.82% of the #PEPE‏ supply, worth about $51.25 million, placing them among the largest individual holders.
PEPE is up more than 15% this week, with key resistance currently at $0.000005. Meanwhile, changes in open interest indicate that spot demand may be playing a larger role.
The key thing to watch next is whether it can break above $0.000005 on increased volume.