James Wynn’s wallet moved 443B PEPE tokens worth $5.18M into Binance in 3 hours, showing large-scale internal token flows.
Wynn warns against the fake “wynnning” token scam on Solana, stressing his exclusive support for PEPE and MOONPIG only.
PEPE charts show bullish momentum with rising RSI and strong whale buying, signaling a potential breakout near $0.00001745.
A wallet linked to James Wynn deposited 283.73 billion PEPE tokens worth $2.82 million into Binance, bringing total deposits to 443.73 billion in three hours, according to Onchain Lens. This included two identical transfers of 203.734 billion PEPE each, valued at $2.82 million, routed through the same Binance deposit address. Just hours prior, 240 billion PEPE tokens worth $3.36 million also landed in Binance’s hot wallet 0x28C, originating from address 0x4417, tied to Wynn.
https://twitter.com/OnchainLens/status/1927589163718648090
These transfers mirror a precise, repetitive pattern across Binance-associated wallets, suggesting orchestrated internal activity. Simultaneously, earlier outflows from the same wallet included 150 billion and 50 billion tokens in the past two months, reinforcing a consistent movement strategy. On-chain footprints confirm that at least 887.47 billion PEPE tokens, valued at $12.54 million, have been cycled through Binance within days, all involving identical values, timing, and wallets.
Wynn Issues Scam Warning on ‘wynnning’ Token Activity
A sharp public statement from James Wynn disrupted sentiment around a new token falsely launched under his name on Solana’s PumpSwap. According to James Wynn, the “wynnning” token is a scam involving “heavily farmed coins” and high-volume rug-pull tactics, with no official affiliation. He reiterated support only for PEPE and MOONPIG, distancing himself from the project now ranked #1 on Pump.fun by volume.
Despite the warning, blockchain data shows 37,994 transactions and $4.3 million in volume, with symmetrical buy-sell flows and a tight FDV of $495,000. Over 7,927 maker wallets contributed to liquidity, creating an artificial appearance of trading depth. The warning highlights the rising exploitation of influencer identities within meme coin culture and underscores the risks behind non-vetted, viral Solana tokens.
Internal Binance Transfers Point to Controlled Liquidity Loops
Notably, no external wallets were involved in the $20 million in recent USDC transactions, which included two 5 million USDC transfers from Binance Deposit 0x80b to hot wallet 0xB38. These movements occurred two days after Wynn’s wallet sent another 5 million USDC to the same deposit address, suggesting coordinated capital rotation. Such uniformity signals Binance’s internal liquidity strategies for stablecoin positioning.
According to chain data, this same USDC flow pattern repeated one week earlier with matching token counts and destinations. The symmetry across stablecoin and meme token transfers suggests Binance’s systematic capital management architecture is both automated and insulated. This makes PEPE’s circulation through these routes a clear indication of high-volume internal balancing rather than retail-driven exchange inflow.
Bullish Structure Forms Amid On-Chain Volatility
Technical analysts, including Jacob Crypto Bury, note that PEPE is now forming a strong bullish continuation pattern. The $PEPE chart from OKX shows the token holding above $0.000013520 with RSI at 64.87 and climbing, indicating further upside potential. Traders are watching the $0.000017450 level for a decisive breakout, with higher resistance at $0.000022749 and $0.000028364.
Analysts also highlight the volume surge tied to accumulation zones aligned with dynamic support at $0.000006800. After last week’s 22% pullback, sentiment is recovering sharply as capital inflows from whales like Wynn appear to be reactivating momentum. As such, $PEPE is emerging again as the lead meme asset to track for high-risk, high-reward positioning in 2025.
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