Sun Yuchen-linked address's PEPE unrealized profit narrows to approximately $5.048 million

A wallet linked to Justin Sun has seen its unrealized profit on PEPE shrink to about $5.048 million, down from a peak of roughly $18.55 million, according to on-chain analyst Ai Yi. The address has withdrawn approximately 11.8 trillion PEPE tokens, worth about $48.76 million at the time, from exchanges since October 17 at an average cost of $0.000004114 per token. The narrowing gain reflects a pullback in PEPE's price since the position was built. It remains unclear whether the wallet belongs to Sun personally or to exchange-related funds, Ai Yi said. Traders will watch whether the address adds to or unwinds its large PEPE position, and how the token's price action affects the remaining profit.