BNB Token Sees 2.6% Pullback After All-Time High, Driven by Surging Users and $3M Liquidations

BNBUSDT experienced a 2.60% decline over the past 24 hours, with the price dropping from 777.83 to 757.59 USDT. This price movement follows a recent surge to a new all-time high above $804, driven by increased institutional investment, positive regulatory developments in the U.S., and strong ecosystem growth, including a 26.4% rise in daily active users and a 58% increase in quarterly revenue. The subsequent correction reflects profit-taking and heightened volatility, as evidenced by significant derivatives activity and liquidations totaling $3.07 million in the last day. Current trading volume remains elevated, ranging from $2.84 billion to $4.37 billion, with BNB maintaining a market capitalization of approximately $107.86 billion and a circulating supply of about 139.29 million coins.