Buying $BNB
Activity: 2.8M USDT worth of $BNB moved from Binance to private wallets
Wallet Type: Newly activated whale wallets with no prior transaction history
Impact: Bullish sentiment building up
Time: 18 April 2025 – 02:47 PM UTC
Repeated large withdrawals from Binance suggest strategic accumulation by high-net-worth investors. Historical patterns show similar outflows have preceded price rallies. BNB currently consolidating near $580 — breakout potential high.
Keep an eye on $590–$600 resistance zone. Clean breakout with volume could trigger a run toward $630+. Risk-managed entries may be considered on dips near $570.