Justin Sun-Linked Wallet Withdraws $20.3M in PEPE from Poloniex
A wallet associated with Justin Sun has withdrawn a significant amount of the memecoin PEPE from the Poloniex exchange.
A wallet associated with Justin Sun has withdrawn a significant amount of the memecoin PEPE from the Poloniex exchange. Pepe (PEPE) is trading at ₹0.000409 ($0.00000429), down 1.2% since this brief published. This is an original Token Times brief based on reporting by Bitcoin Sistemi, with live market data added, as of Tue, 27 Oct 2026 07:00:01 UTC.
This large withdrawal could signal a shift in strategy for Justin Sun's crypto holdings or influence market sentiment around PEPE. Such a substantial transaction from a high-profile figure can impact investor confidence and price stability in the memecoin market.
- Wallet linked to Justin Sun withdrew $20.32M in PEPE from Poloniex.
- PEPE price down 2.12% in past 24 hours despite broader market stability.
- Transaction could impact PEPE market dynamics and investor sentiment.
A cryptocurrency wallet believed to be linked to Justin Sun has withdrawn approximately $20.32 million worth of the memecoin PEPE from the Poloniex exchange. This transaction, reported by 
Bitcoin Sistemi, is notable due to the significant amount involved and Sun's high profile in the crypto space.
The withdrawal occurred amidst a generally stable market environment, with the total crypto market cap remaining around $2.74 trillion. However, PEPE itself experienced a 2.12% decline in the past 24 hours, currently trading at $0.00000434, despite a 4.04% gain over the past week.
While the broader market remains relatively unaffected, with a Fear & Greed index of 48 indicating a neutral sentiment, the withdrawal could have implications for PEPE's price and market dynamics. Justin Sun's involvement in such large transactions often attracts attention and can influence investor behavior.
This development comes after a period of volatility for memecoins, which have seen both sharp rises and falls in recent months. The withdrawal could be a strategic move by Sun, potentially impacting the liquidity and price of PEPE.
Investors and market observers will likely watch for further transactions or statements from Sun regarding his PEPE holdings. The withdrawal's impact on PEPE's price and market sentiment will be a key area to monitor in the coming days.
Since this brief published about 1 hour ago, Pepe (PEPE) has moved from ₹0.000413$0.00000434 to ₹0.000409$0.00000429 — -1.15%.
The chart plots PEPE's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 PEPE ≈ ₹0.000444 (about $0.00000429), down 3.1% over 24 hours. The rupee itself trades about 8.6% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Justin Sun-Linked Wallet Withdraws $20.3M in PEPE from Polon — questions & answers
Why did Justin Sun withdraw $20.3M in PEPE?
The exact reason is unknown, but it could be a strategic move or a change in his crypto asset allocation strategy.
How will this affect the PEPE price?
The withdrawal may impact investor sentiment and PEPE's price, but broader market conditions will also play a role.
What is Justin Sun's history with crypto?
Justin Sun is a well-known figure in the crypto space, having been involved in various high-profile projects and transactions.
How much is 1 Pepe worth in rupee today?
About ₹0.000444 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $0.00000429. The rupee price moves with both PEPE's US-dollar price and the USDT/INR rate; use our Pepe in rupee page for any amount.
Has Pepe's price moved since this brief was published?
PEPE is down 1.15% since this brief first published — trading at ₹0.000409 ($0.00000429) now versus ₹0.000413 ($0.00000434) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Bitcoin Sistemi. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.