Arkham links $51.25 million in PEPE to Justin Sun wallets, 2.82% of supply

Arkham Intelligence has identified cryptocurrency wallets reportedly linked to Justin Sun, the founder of Tron , that hold approximately $51.25 million worth of PEPE , representing 2.82% of the meme coin’s total supply. If verified, this would position Sun as the largest known individual holder of PEPE. Arkham Intelligence reported two significant PEPE transfers to wallets attributed to Sun. On October 17 and October 26, these wallets received PEPE from the exchange Poloniex, with the transactions amounting to $28.44 million and $20.32 million, respectively. Together, the transfers totaled $48.76 million, further increasing the concentration of PEPE within these addresses.

Also reported by Cointribune.

Source: CoinTurk News