According to blockchain analyst Ai Yi, cited by Odaily, Sun Yuchen’s unrealized gains on PEPE have fallen to $5.048 million from a peak of $18.55 million over the past two days. Since October 17, the address associated with Sun Yuchen has withdrawn 11.8 trillion PEPE tokens from exchanges, worth $48.76 million, at an average cost of $0.000004114 per token. PEPE’s price rose steadily until November 11; after Sun Yuchen’s withdrawal, the token’s price surged by as much as 38% at its peak and remains up despite the recent pullback.
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