Unrealized Gain on Sun Yuchen's PEPE Position Narrows to $5.048 Million, Previously Peaked at $18.55 Million

Odaily Report: According to on-chain analyst Ai Yi, the recent two-day decline has narrowed Sun Yuchen's unrealized gain on PEPE to $5.048 million, down from a peak of $18.55 million.

Since October 17, Sun Yuchen's associated address (0x721...E5991) has withdrawn a cumulative 11.8 trillion PEPE tokens from exchanges, worth $48.76 million, at an average withdrawal cost of $0.000004114. Before November 11, PEPE's price continued to strengthen; after Sun Yuchen's withdrawals, the token price rose as much as 38%, and despite the recent pullback, the position remains profitable.