Overview
- BNB briefly touched roughly $899–$900 before consolidating around $880–$895, with $900 as immediate resistance and about $850 as near‑term support.
- Futures open interest has risen above $1.6 billion, indicating concentrated derivatives exposure that could magnify both gains and pullbacks.
- Reported 24‑hour trading volume topped $2.49 billion during the advance, pointing to strong liquidity as the token tested new highs.
- Media reports cite large corporate allocations, including a $160 million buy by a Nasdaq‑listed BNB Network Company and $100 million from China Renaissance, though independent verification remains limited.
- On‑chain activity on BNB Smart Chain has climbed toward 3 million active addresses, while RSI near 61 and steady OBV readings suggest cooling momentum, and analysts eye $1,000 to $1,270 if a high‑volume break above $900 holds.