According to Arkham Intelligence, wallets linked to TRON founder Justin Sun control approximately 11.85 trillion PEPE tokens worth $51.25 million, or 2.82% of the total supply. The position primarily resulted from two Poloniex withdrawals, involving 7.2 trillion PEPE on October 17 and 4.65 trillion PEPE on October 26. These transfers coincided with $77 million in stablecoins moving from Sun-linked wallets to Poloniex. Sun, whose net worth is estimated at $5 billion to $7 billion, has previously held SHIB, FLOKI, BabyDoge and SPONGE. Bitcoin Hyper, which is preparing a Bitcoin-based Layer 2 network, has also raised more than $33.2 million ahead of its launch, but no purchase by Justin Sun has been reported.
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