BNB is showing signs of potential bullish momentum this month, backed by both on-chain data and upcoming ecosystem developments.
In the past hour alone, buy orders totaled 133,216.31 BNB, outpacing sell orders at 116,246.11 BNB. Large orders—often associated with whales—dominated the inflow with 69,229.68 BNB in large buy volume. This is a strong signal that smart money might be accumulating.
What’s even more compelling is the net inflow of 16,970.19 BNB, showing that more funds are entering BNB than exiting. Over the last 5 days, large inflows have reached a significant 54,234.24 BNB, indicating consistent accumulation pressure.
On the fundamental side, there's additional momentum coming from the upcoming launch of WalletConnect Token (WCT). As WalletConnect is deeply integrated across DeFi and Web3 wallets, the token launch could trigger higher usage and interaction with platforms that utilize BNB—pushing sentiment and engagement even further.
Strong buy-side volume, whale accumulation, and a key token launch in the ecosystem all point toward a bullish setup for BNB in the coming weeks. Definitely a coin to keep an eye on this month.
What do you think??