🚀 #JamesWynn Dumps $4.4M in $PEPE — Pivoting to a Bold Bitcoin Bet?🚀
Crypto trader James Wynn has transferred 443 billion PEPE tokens—worth around $4.4 million—to Binance, according to on-chain data from Arkham Intelligence. The move triggered a 2% drop in PEPE’s price and stirred speculation that Wynn might be shifting his focus from meme coins to a high-leverage Bitcoin position.
Rumors suggest Wynn is eyeing a 40x long on BTC, signaling a potential bullish pivot. Meanwhile, open interest in PEPE futures has begun to climb, hinting that traders aren’t ready to give up on the frog-themed token just yet.
Wynn is no stranger to risk—his history includes a staggering $60 million loss. Now, the crypto community is divided: is he cutting his losses before another downturn, or stepping away just as PEPE gears up for another rally?