CryptoBLACK🌙◼️|Oct 28, 2026 02:16
Sun Ge (@justinsuntron) quietly did something unbelievable in the past 10 days: he directly invested $51.25 million to become the world's largest individual investor in PEPE. Two linked addresses absorbed a total of 11.85 trillion tokens, representing 2.82% of the total supply. Apart from the cold wallets of exchanges like Binance and Robinhood, no other individual on the entire network holds more tokens than him.
Even more ruthless is his accumulation strategy: from October 15th to 25th, he first redeemed $77 million worth of stablecoins from Aave and Sky and deposited them into Poloniex. Then, via HTX, he withdrew 7.2 trillion and 4.65 trillion PEPE in two separate transactions. In just 10 days, his paper profit exceeded $2 million. The news even woke up a long-dormant whale who had been lying low for a year. This morning, he was holding 1.45 trillion PEPE with a cost basis of only 0.00000118. The tokens were moved to a new wallet, directly driving PEPE up 12.56% in 24 hours.
On the other hand, the ETH market presents a completely different picture.
An ancient whale that spent $62,000 in 2015 to buy 200,000 tokens at $0.311 per coin, deposited the remaining 7,594 ETH in its address into Kraken this morning, liquidating its position and exiting.
In 11 years, it turned $62,000 into $273.6 million.
Another ancient address that held 100,000 ETH also dumped 5,000 ETH into exchanges this morning, cashing out $11.59 million.
Only Kanye's associated address is still stubbornly holding on.
This morning, it withdrew another 4,000 ETH from Binance, deposited it into Aave, and borrowed 6 million USDT to continue accumulating.
It now holds a total of 22,504 ETH, stubbornly holding at an average price of $2,503.
Old Money is at $2,350. Dollars are lining up to surrender their final holdings, while Justin Sun is using tens of millions of dollars to openly manipulate the secondary market for leading stock Meme. This cycle isn't about a lack of funds; it's about large investors finding the narrative of public blockchains too slow and preferring to act as referees themselves in established, high-elasticity leading stocks.
PEPE ETH Whale Movements
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