$PEPE
🚨James Wynn Deposits 443.73 Billion of Pepe coin to Binance🚨
Prominent crypto trader James Wynn has transferred a total of 443.73 billion PEPE tokens, valued at approximately $4.41 million, to crypto exchange Binance within the past three hours, as per data from Arkham intelligence.
Wynn has made these deposits in two tranches, which include his earlier deposit of 240 billion PEPE, followed by a recent deposit of 203.73 billion PEPE, worth $2.82 million. Market analysts are speculating that Wynn is doing this to fund a his next Bitcoin long position. The crypto trader has been doubling down on his 40x Bitcoin long position.
This has further sparked discussion of the potential impact on the PEPE price, which is down 2% today, but still stands firm with 53% gains on the monthly chart.