Markets· ★★· bullish·

Wallet tied to Justin Sun withdraws $20.3M in PEPE from Poloniex

  • —4.65 trillion PEPE worth $20.32M withdrawn from Poloniex in 10 hours
  • —Cumulative PEPE outflows since Oct. 17 total $48.76M
  • —Wallet now holds 11.8 trillion PEPE at an average entry of $0.000004114
  • —Unrealized profit on the position stands at $2.085M
Why it matters: A large PEPE accumulation by a Sun-linked wallet could support demand for the memecoin and draws trader attention to on-chain flows.
Source: PANews