BlockBeats cited Ai Yi as saying that Justin Sun's address received 7200000000000 tokens of PEPE, reportedly valued at 28440000 USD。
Article
🔍 On-chain Detective | Justin Sun trades again after 2 years PEPE, receiving Poloniex from a multisig address 28440000 USD tokens
BlockBeats reports,October 18, according to monitoring by on-chain analyst Ai Yi (@ai_9684xtpa), Justin Sun has traded again after 2 years.PEPE。22 hours ago, the Justin Sun address 0x176…0a132 received Poloniex from a multisig address 7200000000000 tokens of PEPE, valued at 28440000 USD. This is the first 2024 since June of PEPE on-chain activity, when the token price was still 0.00001256 USD.
Original link https://m.theblockbeats.info/flash/372439
Key points
01
BlockBeats said the information came from monitoring by on-chain analyst Ai Yi (@ai_9684xtpa).
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The report refers to 0x176…0a132 as Justin Sun's address.
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The report said that the address 22 hours ago received Poloniex from a multisig address 7200000000000 tokens of PEPE, valued at 28440000 USD。
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The report said this was the first 2024 year June since PEPE on-chain activity.
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The report mentioned that, in 2024 year June, the PEPE token price was still 0.00001256 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This report describes a large PEPE on-chain inbound transfer: tokens were transferred from an address referred to as a Poloniex multisig address to an address reported to belong to Justin Sun. The text explicitly states that tokens were “received” and provides no information about buying, selling, or subsequent disposal.
Why it matters to readers
Large token transfers may attract market attention, but receipt records alone cannot determine whether the holder will make further transfers or trades.
Beginners should distinguish between an “on-chain transfer” and “buying or selling”: an address receiving tokens only indicates an inbound transfer and does not by itself prove a purchase or an intention to sell.
Risks and unknowns
The original text does not provide a complete transaction hash, so the transfer record cannot be verified from the text alone.
The original text shows only an abbreviated address 0x176…0a132, and its ownership cannot be confirmed from the text alone.
The original text does not specify whether this transfer was a trade, an internal transfer, or of another nature.
It remains unclear whether these PEPE were transferred further after being received.
The headline says “trades again PEPE,” but the text explicitly describes the receipt of PEPE, and the nature of the transaction cannot be confirmed.
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On-chain activity
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