PANews reported on May 28 that on-chain analyst ai_9684xtpa monitored that James Wynn recharged 203.7 billion PEPE to Binance at noon, worth 2.82 million USD. In the past 3 hours, a total of 443.7 billion PEPE has been transferred to the trading platform, with a total value of 6.17 million USD, which may be to increase margin for Bitcoin long positions by more than 40 times.

This address established a position at the low point on the first day of PEPE's launch, with a return rate exceeding 4721 times. There have been no spot operations for PEPE for one month before today's sell-off.