I am 100% cis straight man; I have been dressed up in drag more than once in my life and even went out in public with it. Its fun! Getting to wear pretty and cute outfits and whatnot.10/10 would do again.

So I totally know where Bugs is coming from in this and it is NO indication of his self-identity.

I agree, but I think this usually comes from a place of Bugs Bunny being many trans women's first introduction to something outside the gender norm, and so they project that back onto the character.

That, or they're t4t and Bugs dressing up made them feel funny as kids in the same way that Robinhood from that one Disney movie did with furries.

Remember when crossdressing existed?

To be fair, there's obviously something more than the clothes the changed here, it's how da wabbit wears them. Look at that profile:

Agree. Bugs doesn't normally have boobs though. I feel like that's a bit different. Still doesn't have to mean someone's trans though.