1. BNB Signals Recovery Amid Strong On‑Chain Activity
Recent spikes in BNB Chain usage are uplifting sentiment, though price remains relatively flat. Analysts see mounting on-chain momentum as a potential catalyst for a breakout.
2. Huge $520 M Institutional Buy and Quarterly Token Burn
In July, BNB surged to around $855 following a $520 million treasury purchase and a $1 billion token burn — igniting a nearly 35% price rally.
3. On‑Chain Seller Locks in Profit from 4,759 BNB
A large wallet sold 4,759 BNB on August 4, drawing attention to profit-taking behavior that could dampen near-term price moves.
4. BNB Support Holding While Broader Crypto Market Dips
Despite a market-wide sell-off led by Bitcoin dropping below $115K, BNB—and Ethereum—are displaying resilience with stable support zones.
5. Binance Expands Into Bitcoin Options Writing
Binance now offers Bitcoin options writing to all users, with discounts for Ether, BNB, and Solana options. This reflects rising retail interest in advanced trading tools.$BNB
