Sun Yuchen holds more than 3% of the supply of $PEPE, worth approximately $51.25 million
2026-11-01 05:19:58
According to CoinMeta, as reported by Arkham, Sun Yuchen's official and forecasting wallets hold a total of nearly 3% of the supply of $PEPE, worth about 51.25 million US dollars, and have experienced large-scale capital inflows over the past 10 days. On October 17th and 26th alone, two transactions from Poloniex resulted in the withdrawal of 48.76 million US dollars in $PEPE. Prior to October 17th, Sun Yuchen held only $PEPE worth 267,000 US dollars. In addition, between October 15th and 25th, Sun Yuchen transferred 77 million US dollars in stablecoins to Poloniex. Only exchange wallets hold larger balances. His combined 2.82% stake in the currency surpasses all other individual holders identified in the analysis by Arkham.
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