According to on-chain analyst Ai Yi (@ai_9684xtpa), the Pump.fun project related address has deposited 2 billion PUMP to Binance. The address 58WQi...gv33E has received 12.5 million PUMP from the project party, of which 25 billion are suspected to be used for Wintermute's market making, 8 billion deposited into Bybit, and another 2 billion deposited into Binance, valued at 12.75 million USD. Currently, Binance's support for PUMP is limited to Alpha and contracts. According to Ai Yi's analysis, this deposit may correspond to the following possibilities: PUMP is about to have an airdrop or other activities in Alpha; PUMP is about to be listed on Binance's main spot market; this operation is only to confuse the audience.