The price of BNB jumped about 14% in the last 30 days and recently touched its all-time high at $881. While the price is now trading just 2% below this level, what matters more is how it maintains stability above the key resistance.

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In just the last 24 hours, BNB has risen another 3.4%, showing strong interest from buyers. Two key on-chain signals indicate that this rise may not be a fleeting event. Both long-term and medium-term holders support this rise.

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Coin holders buy at strength and they are not alone

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On July 21, the 1–2 year age category held only 6.56% of the supply. This figure grew to 7.49% as of August 20. Similarly, the 3–6 month age category rose from 1.5% to 7.3%. These are significant increases, especially when the price of BNB rose during the same period.



BNB Price and HODL Waves: Glassnode

This type of accumulation does not happen during a decline. It occurs during a 14% price increase of BNB, meaning these holders are not waiting for a dip. They are stepping in with strength.

Now look at exchange balances. Between August 19 and 20, the price of BNB jumped from $824 to $869. During the same period, exchange balances dropped from 31.91 million to 31.38 million BNB — a decrease of 530,000 tokens in a single day.



BNB Buyers Advance: Glassnode

This means traders were not sending tokens to sell. They were withdrawing tokens. With rising HODL ranges, this is clear: BNB holders are expecting higher prices.

The price movement of BNB confirms that $881 was just the first barrier

The rise in BNB's price was not random. It followed a clear upward trend, with pullbacks respecting Fibonacci retracement levels. The chart shows a Fibonacci extension based on the trend drawn from the last push: $730 (the start) to $864.95 (the peak), retracing to $812.



BNB Price Analysis: TradingView

Accordingly, the 0.5 level — $881 — acted as a clear resistance and was tested almost perfectly. This test marked the all-time high for BNB. If this resistance is broken, the next Fibonacci levels open at $897 and $920; both would be new all-time highs.

But there is one risk. If the price of BNB falls below $812, it weakens the trend structure. This level acted as a key correction area, and losing it would change the sentiment. But until then, the setup prefers to continue.