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Justin Sun Linked to Major PEPE Holdings After October Transfers

BSCN avatar BSCN
1 min read
Justin Sun Linked to Major PEPE Holdings After October Transfers

Blockchain analytics firm Arkham Intelligence attributes roughly 3% of the PEPE memecoin supply to wallets connected to Tron founder Justin Sun. Two large transfers in October moved nearly 12 trillion tokens from Poloniex into these wallets, worth about $28 million and more combined. Sun has not publicly confirmed ownership of the holdings.

Separately, the attacker behind Binance's late October breach sold 7.77 trillion PEPE tokens valued at approximately $31.66 million on October 30. The price dropped briefly but recovered as buyers stepped in. PEPE has risen overall since mid-October and currently trades near $0.0000052.

Read the full story on BSC News: Pepe (PEPE) Climbs Since Mid-October as Justin Sun Becomes Top Individual Holder

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