Justin Sun holds nearly 3% of PEPE. What could move the price next?

Arkham has attributed almost 3% of PEPE’s supply to wallets linked to Justin Sun. The estimate combines known and predicted addresses, while the transfers behind it establish withdrawals rather than a verified purchase price or a plan to sell. Summary Arkham estimated Sun-linked PEPE holdings at 2.82% of supply on October 27. The attributed position was worth approximately $51.25 million at that snapshot. Two reported Poloniex withdrawals totaled 11.85 trillion PEPE. The withdrawals were valued at a combined $48.76 million when recorded. A $0.000001 price change would alter an 11.85 trillion token position’s quoted value by $11.85 million. Arkham Intelligence has estimated that wallets linked to Justin Sun held 2.82% of PEPE’s supply, worth approximately $51.25 million at its October 27 snapshot. Arkham’s assessment combines addresses it identifies as Sun’s official wallets with addresses it predicts belong to him, making wallet attribution part of the calculation itself. JUST IN: $PEPE breaks a two-year downtrend against Bitcoin as Sun-linked wallets accumulate $51MThe memecoin is trading near $0.00000496 with a market cap of about $2.07B and over $790M in 24-hour volume, with Jus...