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.

According to Milk Road, Bitcoin's latest climb to a new all-time high is occurring without the typical surge in funding rates and FOMO-driven market buys seen in previous cycles on Binance. Historically, such price rallies were accompanied by overheated funding rates and aggressive buying, which often led to sharp cooldown corrections (source: Milk Road on X, May 20, 2025). Currently, funding rates remain calm and buy volume is steady, suggesting a healthier market structure and potentially reducing the risk of immediate downside. Traders should closely monitor funding rates and volume trends for shifts that could impact short-term BTC price action.