Huo Xing Finance reports, according to on-chain analyst Ai Yi, PEPE’s price has reclaimed the $0.000005 level, with a 24-hour gain exceeding 14%. Since October 17, Sun Zhenyu has transferred approximately $48.76 million worth of PEPE, with an average purchase cost of $0.000004115 per token, resulting in an unrealized profit of about $9.622 million. This holding represents approximately 2.86% of PEPE’s total supply, making him one of the largest individual holders on-chain. However, it remains unconfirmed whether these funds represent Sun Zhenyu’s personal position or are part of exchange asset reallocations, as on-chain data alone cannot verify the source, and Sun Zhenyu has not yet responded.
PEPE price surges 14% in 24 hours, Sun Yuchen's holdings report $9.62M in unrealized gains.
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Summary
PEPE’s price surged over 14% in 24 hours, with the token trading above $0.000005. Sun Yuchen moved approximately $48.76 million worth of PEPE, purchased at an average price of $0.000004115. Current unrealized gains amount to $9.62 million. These tokens represent about 2.86% of the total supply. It is unclear whether the funds stem from personal accumulation or exchange adjustments. Price analysis indicates strong short-term buying pressure, though Sun Yuchen has not commented.
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