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Time Details
2025-05-28
01:55
James Wynn Deposits 240B PEPE ($3.36M) to Binance: Potential Impact on PEPE and BTC Trading

According to Lookonchain, James Wynn (@JamesWynnReal) deposited 240 billion PEPE tokens, valued at $3.36 million, into Binance on May 28, 2025 (source: Lookonchain, intel.arkm.com). This significant inflow to Binance could indicate imminent sell pressure on PEPE, as such large deposits are often followed by liquidation. Traders should closely monitor PEPE price movements for potential volatility. Additionally, the transaction raises speculation about Wynn reallocating capital to fund a long position in BTC, which could influence both PEPE and BTC market dynamics. This event signals possible short-term risk for PEPE holders and could trigger increased activity in trending pairs like PEPE/USDT and BTC/USDT on Binance.

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