Justin Sun has accumulated approximately $51.25 million in PEPE, establishing a 2.82 percent stake in the token's total supply, according to on-chain data tracked by Arkham Intelligence.
Arkham identified two distinct PEPE transfers from Poloniex to Sun-linked wallets on October 17 and October 26. Prior to these moves, the tokens had cycled through Binance and HTX, suggesting coordinated platform consolidation.
The timing is telling: between October 15 and October 25, Sun-linked wallets transferred $77 million in stablecoins into Poloniex—the liquidity staging ground that preceded the PEPE inflows by days. This pattern—stablecoin deposit followed by token accumulation—is a classic signal of planned accumulation.
As a top individual holder of a meme coin with massive circulating supply, Sun's position carries outsized influence over liquidity. PEPE launched in April 2023 and relies on community engagement rather than protocol utility; large concentrated holdings can trigger sharp price swings if unwound or, conversely, signal conviction to retail followers watching his wallet.
Sun's on-chain activity is monitored closely by traders and analysts precisely because his moves often precede broader market moves in assets tied to Tron or his various holdings across centralized exchanges.
