Justin Sun Becomes Largest Individual PEPE Holder With $51.25 Million Position, Arkham Reports

Justin Sun's reported PEPE cryptocurrency holdings, valued at $51.25 million, according to Arkham's blockchain analysis.

Tron founder Justin Sun has become the largest individual holder of Pepe (PEPE), with his official and Arkham-predicted cryptocurrency wallets collectively holding approximately 2.82% of the meme coin’s total supply, according to blockchain intelligence platform Arkham. The holdings are valued at $51.25 million following a series of substantial transfers over a 10-day period.

Data highlighted by Coin Bureau indicates that Sun's accumulation was driven by significant PEPE inflows, including two withdrawals from the Poloniex cryptocurrency exchange. Together, those transactions delivered $48.76 million worth of PEPE to wallets associated with Sun on October 17 and October 26.

The scale of the accumulation represents a substantial change in Sun's reported exposure to the meme coin. Before October 17, his PEPE holdings were valued at just $267,000, considerably below the position identified in Arkham's subsequent wallet analysis.

Poloniex Withdrawals Account for Major PEPE Inflows

The two withdrawals from Poloniex account for a significant portion of the PEPE holdings now attributed to Sun. The transactions took place on October 17 and October 26, with a combined reported value of $48.76 million.

The timing of these transfers is particularly notable because they occurred during the same broader period in which Sun moved substantial amounts of stablecoins to Poloniex. According to the information shared by Coin Bureau, Sun transferred $77 million in stablecoins to the exchange between October 15 and October 25.

Although the reported stablecoin transfers and PEPE withdrawals occurred within overlapping timeframes, the available information does not establish the precise relationship between the transactions or confirm that the stablecoins were used to purchase PEPE.

Sun Leads Individual PEPE Holders in Arkham Analysis

Arkham's analysis places Sun ahead of every other individual PEPE holder identified through its wallet tracking. His combined holdings amount to approximately 2.82% of the token's supply, with an estimated value of $51.25 million.

The distinction between individual holders and exchange wallets is important. While Sun reportedly holds the largest PEPE position among identified individuals, exchange-controlled wallets maintain larger balances. This means his position leads the individual-holder category rather than the overall wallet rankings.

The figures include both Sun's official wallets and addresses that Arkham predicts are associated with him. Consequently, the reported ownership assessment relies partly on blockchain attribution rather than solely on publicly confirmed wallet ownership.

With $51.25 million in PEPE attributed to his wallets and a combined 2.82% share of the token's supply, Sun now ranks as the largest individual PEPE holder identified in Arkham's analysis. His reported position follows the substantial inflows recorded on October 17 and October 26, while exchange wallets continue to hold larger overall balances.

Writer: Victoria Hale
Technology & Blockchain Writer

Victoria Hale writes about blockchain technology, digital infrastructure, and the intersection of emerging technologies with finance. Her articles explore how new protocols and systems are shaping the evolving digital economy.

She prioritises clarity and accuracy when explaining technical developments to a general audience.