$BNB recently reached a record high around $859 in late July before correcting to trade near the $760–770 range, down roughly 4–5% amid broader crypto weakness . On-chain data shows substantial whale accumulation, with new large holders adding significant BNB positions following the all‑time high of $859.56, signaling renewed institutional confidence . Technical indicators and closing above the 100‑day EMA indicate bullish momentum, though analysts note that key resistance around $804 and above must be breached for continued upside toward $900–1,000 . Meanwhile, Binance introduced a holding‑interest yield feature offering returns to promote stability and long‑term retention, aligning with market price dynamics and investor sentiment . Overall, despite the short‑term dip, fundamentals like whale interest, new utility features, and technical strength position BNB for potential upside in August if momentum holds.