{"id":13017,"date":"2025-10-09T18:56:32","date_gmt":"2025-10-09T18:56:32","guid":{"rendered":"https:\/\/bitunikey.com\/news\/james-wynns-memecoin-play-turns-as-yepe-insiders-sell\/"},"modified":"2025-10-09T18:56:40","modified_gmt":"2025-10-09T18:56:40","slug":"james-wynns-memecoin-play-turns-as-yepe-insiders-sell","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/james-wynns-memecoin-play-turns-as-yepe-insiders-sell\/","title":{"rendered":"James Wynn\u2019s memecoin play turns as YEPE insiders sell"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">On-chain analytics indicate that insiders are starting to sell YEPE, which prominent trader James Wynn promoted.<\/p>\n<div id=\"cn-block-summary-block_fd19c1a0327fdc58def1178d3ea6528e\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>YEPE, memecoin tied to James Wynn, fell 25% after insiders started selling <\/li>\n<li>At launch, insiders likely controlled more than 60% of the token, on-chain data shows<\/li>\n<li>So far, insiders have made $1,4 million in profits, and still hold more than 50% of the supply <\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Memecoin season, especially on BNB, seems to be coming back. But with it, there\u2019s also an explosion of questionable projects. On Thursday, October 9, Yellow Pepe, also known as YEPE, linked to James Wynn, saw a significant correction after apparent insiders started selling.<\/p>\n<p>The BNB-based (BNB) memecoin dropped 25%, from 0.4% to 0.3%, after gaining more than 400% in just days since its launch. Likely the main driver of its rally was the endorsement of a high-profile trader, James Wynn, known for his ultra-leveraged trades, leading both to giant gains and losses. <\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Yellow Pepe (YEPE) price action since its launch | Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/v2.bubblemaps.io\/map?address=0xe9e3d8609e50c333b7e8fafb1a06f5443cb64444&amp;chain=bsc\" target=\"_blank\" rel=\"nofollow\">Bubble Maps<\/a><\/figcaption><\/figure>\n<p>In an X post, Wynn <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/bubblemaps\/status\/1974853169059708928\" target=\"_blank\" rel=\"nofollow\">shared<\/a> the token\u2019s address, claiming that \u201cYEPE is flying,\u201d and that the \u201cmarket has spoken\u201d. Predictably, this led to his followers investing in this new memecoin. <\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">YEPE token shows red flags since launch<\/h2>\n<p>Still, the token displayed red flags from its launch. Blockchain analytics platform Bubble Maps revealed on October 5, the day of its launch, that insiders held 60% of YEPE. Such a high concentration is usually a red flag and can lead to significant pressure on the price as insiders start selling.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"929\" height=\"1024\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2025\/10\/1760036191_159_James-Wynns-memecoin-play-turns-as-YEPE-insiders-sell.webp.webp\" alt=\"YEPE wallet nodes, indicating potential insider wallets\" class=\"wp-image-14423836\"><figcaption class=\"wp-element-caption\">YEPE wallet nodes, indicating potential insider wallets | Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/v2.bubblemaps.io\/map?address=0xe9e3d8609e50c333b7e8fafb1a06f5443cb64444&amp;chain=bsc\" target=\"_blank\" rel=\"nofollow\">Bubble Maps<\/a><\/figcaption><\/figure>\n<p>Predictably, this is exactly what happened. On October 8, insiders started dumping their YEPE positions, making $1.4 million in profits by the next day. What\u2019s more, despite this selling spree, insiders still hold more than 50% of the token\u2019s supply, according to Bubble Maps.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>On-chain analytics indicate that insiders are starting to sell YEPE, which prominent trader James Wynn promoted. Summary YEPE, memecoin tied to James Wynn, fell 25% after insiders started selling At&hellip;<\/p>\n","protected":false},"author":1,"featured_media":1605,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-13017","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13017","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=13017"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13017\/revisions"}],"predecessor-version":[{"id":13018,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13017\/revisions\/13018"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/1605"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=13017"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=13017"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=13017"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}