A dormant PEPE whale address moved 1.45 trillion PEPE tokens to a new wallet after nearly a year of inactivity, according to on-chain analyst monitoring data published Oct 28. The transfer coincided with the broader market buzz surrounding Justin Sun's token accumulation narrative.
The original wallet (0x2da…65e69) accumulated 4.03 trillion PEPE between May 2023 and August 2024 at an average cost as low as $0.000001185 per token. The remaining holdings currently carry an unrealized profit of $5.1 million, down from a peak of $32.77 million in late 2024.
PEPE Whale Moves 1.45 Trillion Tokens After One-Year Dormancy, Holding $5.1M Unrealized Gain
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