Sun Yuchen-linked address has transferred out a cumulative $48.76 million worth of PEPE since October 17
According to on-chain analyst Ai Yi, a wallet tagged as linked to Sun Yuchen (0x721…E5991) withdrew 4.65 trillion PEPE from Poloniex 10 hours ago. The address currently holds a total of 11.8 trillion PEPE, with an average withdrawal price of $0.000004114, representing an unrealized profit of $2.085 million. Since October 17, the related addresses have transferred out a cumulative $48.76 million. The token transfer path was: withdrawn from Binance, deposited to Poloniex, then routed to HTX, returned to Poloniex, and finally withdrawn to this address. Both HTX and Poloniex are exchanges owned by Sun Yuchen, and it is currently impossible to determine whether the relevant funds belong to Sun Yuchen's personal wallet or exchange funds.
