According to Lookonchain, James Wynn (@JamesWynnReal) has deposited 240 billion PEPE tokens, valued at $3.36 million, into Binance, raising speculation that this significant transfer could indicate an imminent sale of PEPE to potentially fund a Bitcoin long position (source: Lookonchain, intel.arkm.com/explorer/addre…). Large-scale deposits like this often precede sell-offs, which could increase PEPE price volatility and trading volume in the short term. Traders should monitor PEPE price action closely, as substantial liquidation may trigger a shift in market sentiment and liquidity. Additionally, any subsequent increase in Bitcoin buying pressure could impact broader crypto markets, as whale activity frequently sets trend direction.