According to Arkham Intelligence, Justin Sun has become the largest individual holder of the PEPE meme token. His attributed wallets now contain tokens valued at $51.25 million, representing approximately 3% of the total supply.
The accumulation occurred over a 10-day period. Data shows two major withdrawals from the Poloniex exchange totaling 11.85 trillion PEPE. The first transfer of 7.2 trillion tokens occurred on October 17, followed by 4.65 trillion tokens on October 26 or 27.
Before this period, Sun held a minor position in the token worth approximately $267,000. During the recent accumulation, he also transferred $77 million in stablecoins to Poloniex. The tokens were routed through Binance, Poloniex, and HTX.
As of October 27, 2026, the market capitalization of PEPE was approximately $1.81 billion. While Sun holds the largest individual stake, centralized exchanges maintain the largest overall holdings of the token supply.
Arkham Intelligence estimates Sun's total on-chain assets across multiple blockchains at approximately $2.25 billion as of October 12. No sales of the acquired PEPE tokens have been reported to date.
