Arkham Reveals Justin Sun’s Wallets Control $51.25M in PEPE
Photo: Coinfomania
Justin Sun-linked wallets now hold $51.25M in PEPE. This surge could significantly impact the memecoin market dynamics. Arkham recently revealed that wallets tentatively attributed to Justin Sun hold approximately $51.25 million in PEPE, accounting for 2.82% of the total supply. This information, surfaced by CryptoTwitter commentator @WuBlockchain, suggests that Sun may be the largest individual holder of PEPE. The implications of this concentration could lead to increased market dynamics for PEPE as institutional interest continues to grow. The broader crypto landscape is currently experiencing mixed signals, with PEPE emerging as a focal point due to its notable wallet activity.
Source: Coinfomania
