BinanceTurns8

This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
As part of Binance’s 8 year anniversary celebrations, Binance Square is pleased to introduce a new promotion where users can complete simple tasks to unlock a share of 8,888 USDC token vouchers.
Activity Period: 2025-07-08 08:00 (UTC) to 2025-07-15 23:59 (UTC)
Complete the following tasks during the Activity Period to equally share 8,888 USDC token vouchers, capped at 5 USDC per participant.
Gain 8 new followers Share 8 Square posts Create 3 posts on Binance Square during the Activity PeriodAt least one post must include the Trade Sharing widget, one post with the hashtag #BinanceTurns8, and one post with the cointag $BNB.
Please Note: Only Square posts that contain at least 100 characters and have at least 5 engagements (including likes, shares, comments, and reposts) will count as eligible posts.
For More Information:
What Is Binance Square and Frequently Asked Questions
Terms & Conditions:
This Activity may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the Activity Period in order for their entries to be counted as valid. Reward Distribution:Token vouchers will be distributed within 21 working days after the Activity ends. Users will be able to login and redeem their token voucher rewards via Profile > Rewards Hub. All token voucher rewards will expire 14 days after distribution. Eligible users should claim their vouchers before the expiration date. Learn how to redeem a voucher.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to cancel a user’s eligibility in this activity if the account is involved in any behavior that breaches the Binance Square Community Management Guidelines or Binance Square Community Platform Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating, or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.Binance reserves the right of final interpretation of this Activity.Additional Activity terms and conditions can be accessed here.There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.
Thank you for your support!
Binance Team
2025-07-08

The Terra Classic (LUNC) community has achieved another major milestone, burning 304.90 million tokens in just the past seven days. This steady burn rate reflects ongoing commitment from both validators and community members who have supported initiatives to reduce the circulating supply of LUNC.
With 1 day still remaining in the week, a new question arises, can the total burn hit 500 million LUNC before the week closes? Achieving this figure would not only mark a significant acceleration but could also signal growing momentum for the broader Terra Classic revival efforts.
The LUNC burn mechanism plays a key role in reducing supply, potentially boosting scarcity and long-term value. While price action depends on multiple market factors, consistent burns demonstrate that the community continues to take active steps toward strengthening the network.
If the current pace holds or even increases the 500 million LUNC burn target is within reach. As more projects and exchanges participate in burn campaigns, the Terra Classic ecosystem could continue to build confidence among long-term supporters.
All eyes are now on whether the community can rally over the next day to make this ambitious milestone a reality.

#BinanceTurns8

XRP has experienced a sharp decline today, dropping over 6% to a price of $2.82. This sudden drop has raised concerns among investors, especially as liquidation volumes continue to rise. According to Coinglass, XRP’s liquidation amount stands at $2.95 million, with short positions leading the charge. The price is under pressure, though the trading volumes have increased in the last 24 hours by $7.58 billion to indicate the overall bearish market attitude further.

Data highlights a growing imbalance between long and short positions. The liquidation of long positions amounts to $2.89 million, whereas short positions have at least hit 60.05K, indicating more bearish actions. This prevalence of short interest keeps accelerating the lowering of the price of XRP, which further intensifies the decrease in the trend.

Additionally, XRP’s market cap has decreased by 5.86%, according to CoinMarketCap, which indicates a growing level of investor caution.

The Influence of Short Positions on XRP’s Decline
A major contributor to the price decline is the rise in short positions, which continue to dominate market sentiment. As more traders bet against XRP, the market becomes increasingly volatile.

Its imbalanced liquidations between shorts and longs indicate that traders are positioning themselves for additional price declines, which strengthens the existing bearish trend. The market sentiment change highlights XRP’s short-term weakness in the market.

A Major Transfer Fuels Speculation
Adding to the uncertainty, a significant transfer of 30,500,600 XRP, valued at approximately $91.4 million, to Coinbase has triggered widespread speculation.

According to Xaif Crypto (@Xaif_Crypto), such large transactions often indicate a major shift in the market. The way and magnitude of the transfer, together with the anonymity of the sender, have raised the question of whether the transfer is an indicator of a possible sell-off or a planned market action.

XRP’s price decline can be attributed to the rise in short positions and the increasing liquidation pressures. In addition, the massive XRP transaction to Coinbase has increased speculation regarding the asset’s future. As the market waits for the next move, traders remain cautious, watching for any signs of further price fluctuations.

#BinanceTurns8

Binance will carry out its next scheduled Luna Classic (LUNC) token burn on September 1, 2025, continuing its monthly commitment to reduce the circulating supply of LUNC.
This burn program, launched in 2022, sends LUNC tokens collected from trading fees to a burn wallet, permanently removing them from circulation. Since its inception, Binance has already burned 73,858,807,310 LUNC, making it the largest single contributor to LUNC supply reduction.
The goal of these burns is to gradually decrease the overall token supply, supporting efforts to stabilize the Terra Classic ecosystem. While token burns can improve scarcity, they do not guarantee price increases and should be viewed as part of a broader, community-driven recovery plan.

#BinanceTurns8

A Bitcoin OG wallet (bc1qlf) has been active again this week. Yesterday, Lookonchain reported that the whale has sold 750 BTC ($83.1M), adding to a wider unloading that began in December 2024 after $BTC broke $90K. The address first received 5,000 BTC 12 years ago at just $332 each (worth $1.66M then), and since last December has sold 1,750 BTC at an average of $108,160, booking $189.3M and locking in an overall profit of around $550M… A cool 331x return.

Today, the selling continues. The whale deposited another 250 BTC ($28.3M) to Binance, leaving a balance of 3,000 BTC ($339M) still in the wallet.

This is one we’re keeping an eye on. Consistent inflows from long-term whales can weigh on market sentiment and cap short-term upside. With the player’s average selling price sitting above $108K, any sustained weakness below that level could encourage further distribution. 👀
#MarketPullback #TrumpTariffs #BinanceTurns8 #USGDPDataOnChain

$XRP price holds above $2.80 after a weekly decline, keeping bulls alert.On-chain data shows whales slowing exchange inflows, hinting at support.RSI divergence and market-bottom signals align with a possible rebound.
The XRP price is trading at $2.83 after dropping 2.67% over the last 24 hours and extending its weekly decline to about 7.5%. Despite this pullback, Ripple’s token remains more than 30% higher over the past three months, showing it is still in a broader uptrend.
At the same time, on-chain and technical signals have begun to flash signs that a rebound may be forming. Whale behavior, exchange flows, the taker buy-sell ratio, and momentum readings all point to a possible recovery, raising the question: Can the XRP price prediction still include a push above $3?
#MarketPullback #TrumpTariffs #NewHighOfProfitableBTCWallets #BinanceTurns8

USTC has been consolidating in a tight range, and this could be the calm before a major move.
For weeks, USTC has traded between $0.0128 support and $0.0149 resistance, forming a textbook accumulation pattern. This prolonged sideways action typically signals that large players are accumulating positions before a breakout.
Support is holding strong.
Each time price dips near $0.0128, aggressive buying pressure quickly pushes it back up, proving that buyers are defending this level.
Resistance is the key to watch.
The $0.0149 zone has repeatedly capped price advances. A decisive breakout above this barrier could trigger strong momentum, pushing USTC toward $0.017–$0.018 in the short term.
Why this matters now.
With weak hands exiting the market and smart money quietly entering, USTC may be on the verge of a significant price move. Traders are now watching closely for confirmation of a breakout.

#BinanceTurns8

Ethereum price has gained more than 18% in the past 30 days, holding up stronger than many other coins.
Even though the crypto market has seen ups and downs, Ethereum has stayed in a narrow trading range between $4,396 and $4,605.
That stability has drawn attention because many believe the next breakout could push ETH toward $5,000.
At the same time, institutions, whales, and even high-profile figures like Donald Trump have built large ETH positions. With multiple signs pointing in the same direction, the case for $5,000 is building fast.
Whales, Institutions, and Trump Are All Backing Ethereum
One of the biggest drivers behind the Ethereum price right now is accumulation by whales and institutions.
Data from Binance shows that the average size of ETH buy orders has increased, and this usually signals that larger players are accumulating.

These whale orders have become a repeated pattern, especially in the past two weeks, showing that dips are being bought quickly.
Institutional activity is also visible. Arkham recently reported that BlackRock bought around $262 million worth of ETH, most of it through Coinbase Prime.

When the world’s largest asset manager steps in with hundreds of millions, it adds credibility to the long-term outlook for the ETH price.
There is also the surprising case of Donald Trump’s crypto portfolio. Wallet tracking shows that more than 97% of his reported $463 million digital asset portfolio is parked in Ethereum, valued at around $448 million.

This is not a small move, and the fact that a former U.S. president is holding such a large share in ETH only adds to the attention and discussion around its role as a “blue-chip” crypto.
Together, whales, BlackRock, and Trump’s holdings send one message: some of the most influential investors are betting on Ethereum.
On-Chain Signals and Historical Patterns Back the Case
Price alone doesn’t tell the full story. On-chain indicators give us a closer look at what traders are actually doing.
One important measure is the Money Flow Index (MFI). The MFI tracks both price and volume to see whether money is moving into or out of an asset.

In August, Ethereum’s MFI improved sharply, moving from around 51 to above 60. That means even though ETH prices pulled back at times, actual inflows of money kept rising.
In simple words, traders used those dips to buy more ETH rather than exit the market.
Historical performance also supports a bullish case. Q3 has not always been kind to ETH. In past years, it has often delivered negative or flat returns during the July to September period.

But analysts like Ted Pillows have pointed out that if ETH manages to end September on a strong note, it could open the door to what traders half-jokingly call “Pumptober, Moonvember, and Pumpcember” — basically meaning that Q4 tends to bring rallies.

Ted even suggested that Ethereum has a fractal pattern that could push it to $10,000 later in this cycle, though he warned that a short correction in September would not be unusual before the larger run.
The message here is that Ethereum is showing strong inflows through MFI, while history says that a positive September could trigger one of its stronger yearly runs into the last quarter.
Ethereum Price Levels, Breakout Triggers, and the Real ATH
From a technical view, the Ethereum price is stuck just below an important resistance zone. The key level to watch is $4,530.
A daily candle close above this level would confirm a breakout, with $5,018 marked as the first Fibonacci target.
If ETH can hold momentum beyond that, the next range to watch would be around $4,800–$4,900, and from there, the psychological $5,000 mark comes into play.

It is also worth noting that ETH has not yet made a true all-time high when adjusted for inflation. Lark Davis pointed out that the 2021 peak of $4,868 would be equal to about $5,800 in today’s dollars.
That means ETH needs to cross above $5,800 before it can really be called a new record high in real terms.
In other words, even a move to $5,000 still leaves upside on the table for ETH to break its “real” ATH.
With steady whale buying, institutional backing, stronger money flows, and the possibility of seasonal momentum, the Ethereum price looks set up for a push higher.
Whether it happens in September or later in Q4, the path toward $5,000 is becoming harder to ignore.

#BinanceTurns8

As Bitcoin briefly dipped below the $108,000 mark, large investors — often called whales — seized the opportunity to buy. One notable whale grabbed approximately $163 million worth of BTC during the drop. This kind of bold move sends a clear signal: big players believe in Bitcoin’s long-term value, even amid short-term volatility.
Whales typically act when they see potential value or anticipate a future surge. Their movements often shape market sentiment, and when they accumulate during a dip, it reflects confidence rather than fear.
Why Whale Activity Matters
Bitcoin whales hold enough assets to impact the entire market. When they make significant buys, it often creates a ripple effect. Retail investors tend to follow their lead, which can result in a price rebound or at least stabilize the drop.
The recent $163M purchase adds to a growing pattern of accumulation. Analysts suggest this could be a bullish indicator. While price corrections can scare off casual investors, whales usually see them as strategic buying windows.
What’s Next for Bitcoin?
Bitcoin’s price fluctuations are nothing new, but the continued involvement of whales shows underlying strength. With institutional interest still alive and ETF flows stable, the market appears to be in a healthy consolidation phase.
This recent activity serves as a reminder: in crypto, smart money doesn’t panic — it buys the dip.

#BinanceTurns8

Chainlink’s six-year symmetrical triangle shows persistent accumulation since 2019, with price now approaching resistance at the $26–$27 range.
VRVP data reveals major accumulation at $6.5–$8 and $22, while thin liquidity above $31 signals room for rapid expansion.
Breakout confirmation above $26.5–$31 sets trajectory toward $31, $50, and $100, supported by ascending structure and rising two-week RSI momentum.
Chainlink (LINK) is approaching a decisive technical structure, with analysts pointing to a potential breakout from a six-year symmetrical triangle. The price is pressing against long-term resistance, raising anticipation of a larger directional move.
Price Approaches Long-Term Triangle Resistance
A two-week chart shared by Jonathan Carter outlines a large symmetrical triangle that has been developing since 2019. The pattern shows a rising base meeting a descending resistance from the 2021 peak.
Currently, LINK trades near the upper border of this structure, around $26–$27, where price action has tested resistance several times. The candles are holding against the trendline rather than rejecting, suggesting pressure is building within the formation.
Carter notes that the longer price compresses inside the triangle, the more forceful the breakout is likely to be. This has drawn attention to the coming weeks as critical for the token’s trajectory.
Key Technical Signals Support a Breakout
The structure is supported by a sequence of higher swing lows along the ascending base. Notably, the last two were established around the broader support area of $11.5–$15.5, showing consistent demand absorption at lower levels.
Volume Profile analysis (VRVP) also shows thick accumulation nodes around $6.5–$8 and $22, reflecting areas of long-term buying interest. In contrast, a thinner supply zone exists above $31, leaving fewer resistance clusters if LINK can close above this threshold.
Momentum indicators appear constructive. The two-week Relative Strength Index is climbing from mid-range levels, suggesting conditions are not overextended and may support additional upside pressure if a breakout occurs.
Breakout Targets and Risk Levels
Carter outlines a breakout confirmation with a two-week close above $26.5–$31. A successful expansion could open targets at $31, $50, and potentially $100 if momentum sustains.
The $31 level is marked as a macro pivot, while $50 aligns with the top of a multi-year resistance area. The $100 projection reflects the measured move potential of the triangle’s structure.
On the downside, failure to maintain $22 after an attempted breakout could risk a reversal. In such a scenario, price may revisit $15.5 or $11.5, where long-term support has previously held.

#BinanceTurns8

Peter Diamandis, a co-founder of Singularity University, expressed strong Bitcoin support but no verified information confirms a $400 million investment as of August 30, 2025.
Such advocacy underscores Bitcoin's potential as a major asset, impacting discussions on digital currency integration in corporate strategies and personal portfolios.
No official confirmation
No official confirmation exists regarding a $400 million Bitcoin allocation by Singularity University leaders despite circulating rumors. Co-founder Peter Diamandis, known for his forward-thinking views on technology and finance, has expressed bullish sentiment on Bitcoin, emphasizing its potential as a significant asset. A notable quote from Diamandis elucidates his personal stance:
“At this point Bitcoin is my largest holding and every time I have any kind of exits I’m sweeping it into Bitcoin and not looking back.”
However, no institutional declarations were found to support these sentiments with specific financial action.
Peter Diamandis
Peter Diamandis, Singularity University's co-founder, emphasized Bitcoin as his largest holding in 2024. His public advocacy did not include an institutional $400 million allocation, while advisor David Orban remains a significant early investor without current public statements.
The effect of these rumors has caused considerable speculation within the cryptocurrency industry. While Bitcoin interest is sustained, the lack of concrete action leaves some investors cautious of baseless investment decisions.
Emphasizing advocacy, these claims rely heavily on influential industry opinions rather than concrete financial actions. Consequently, the industry stays cautious with speculative initiatives pending confirmed reports from official channels.
Historical Influences
Historical precedents from companies like MicroStrategy influence Singularity's perceived market positioning. The absence of any concrete announcements limits replicating such outcomes.
Markets anticipate potential institutional movements based on future announcements from organizations like Singularity University. Individual advocacy continues to fuel interest, but verifiable actions are essential for significant market shifts.
In summary, while the intrigue around Singularity’s speculative Bitcoin activity fuels discussion, the absence of confirmed institutional endorsement restrains substantial market influence.
#BinanceTurns8

Jupiter Lend's public beta on Solana has quickly consolidated around $0.50, demonstrating robust market interest. With over $500 million in TVL and $2 million in launch incentives, the protocol offers advanced risk management and lending tools.
Jupiter Lend launched its public beta on Solana, quickly consolidating around the $0.50 mark, attracting significant activity. Built with Fluid DeFi, it introduces new lending tools and risk management features.
Jupiter Lend's Forecast for DeFi
Jupiter Lend launched its public beta on Solana, achieving a swift $500 million in TVL. This extraordinary growth highlights Jupiter's potential to transform DeFi lending on the platform. Jupiter Lend Launches Beta on Solana, Achieves $500M TVL.
The protocol, co-developed with Fluid DeFi, emphasizes enhanced risk management and offers attractive incentives to borrowers and lenders. This collaboration positions Jupiter Lend as a market innovator.
"Our experience in Ethereum money markets has shaped the risk models and vault design now seen on Jupiter Lend," remarked the Fluid DeFi Team.
Markets React Energetically
Immediate effects include heightened interest from investors and increased activity within the Solana ecosystem. This underscores Jupiter Lend's impact on market dynamics and investor sentiment.
The launch influences financial indicators such as liquidity and TVL, and prompts a shift in competitiveness among DeFi protocols on Solana. This marks a pivotal change in the ecosystem.

Broader Implications In Play
Community reaction to the launch has been notably positive, focusing on TVL growth and security enhancements. This sentiment reflects broader market trust in Jupiter's capabilities.
Potential outcomes include strengthened regulatory interest as Jupiter scales. Historical data shows similar trends in DeFi's development, prompting attention from governing bodies. This growth trajectory could influence regulatory approaches in the future.

#BinanceTurns8

World Liberty Financial, a DeFi venture tied to Donald Trump, is preparing to expand its USD1 stablecoin to the Solana blockchain.On-chain activity shows early integration with Solana protocols like Kamino Finance, where a vault has already been set up for USD1.The expansion comes as Solana’s stablecoin market surpasses $12 billion, with analysts suggesting USD1 could add significant liquidity.

World Liberty Financial, a DeFi venture connected to President Donald Trump, is preparing to extend its USD1 stablecoin to the Solana blockchain.
On August 29, Charles, who heads the venture’s Solana ecosystem strategy, announced that the move would happen “sooner than you think.”
$SOL
#MarketPullback #TrumpTariffs #DogeCoinTreasury #BinanceTurns8

Bitcoin's Critical Support Level: A Prayer for $109,000
As Bitcoin dances around the $108,410 mark, investors are holding their breath, hoping the cryptocurrency will hold its current support level of $109,000. Failure to do so could lead to a significant downturn, with $98,000 emerging as the next major support level.

Why $109,000 Matters
The $109,000 level is crucial for Bitcoin's short-term trajectory. A breach below this level could trigger a wave of selling, pushing the price down to $98,000. Conversely, a strong rebound from this level could signal a continued bullish trend.

Current Market Sentiment
Bitcoin's current price action is reflecting a mix of caution and optimism. With a 3.46% decline in the past 24 hours, the cryptocurrency is trading at $108,410.01. The Fear and Greed Index stands at a neutral 48, indicating a balanced market sentiment .

Expert Predictions
Analysts are divided on Bitcoin's future price trajectory. Some predict a potential surge to $175,000 in 2025, while others foresee a more modest growth. For instance:
- *2025 Predictions*: Bitcoin could reach a high of $145,871.41 or stabilize around $121,440.85.
- *Long-term Forecasts*: By 2030, Bitcoin's price could range between $380,000 and $900,000.

What's Next for Bitcoin?
As the market waits with bated breath, investors should keep a close eye, monitoring the $109,000 level. A sustained breach below this level could lead to further declines, while a rebound could signal renewed bullishness. As always, investors should remain cautious and adapt to changing market conditions .
#Write2Earn #btc #BinanceTurns8 $BTC