According to the latest Binance Market Data, BNB has crossed the 670 USDT benchmark and is now trading at 670 USDT, marking a 0.45% increase in the last 24 hours.
This upward movement highlights BNB's resilience in the market, continuing to attract investor confidence. Whether it's due to Binance's expanding ecosystem, utility in transactions, or broader market trends, BNB remains a key asset to watch.
📈 Will the rally continue? Stay tuned for more updates!
#BNB #USDT #Crypto #Binance #MarketUpdate
(Disclaimer: Trading cryptocurrencies involves risk. Do your own research before investing.)
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Visual Concept for BNB Price Rally:
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Charts: A small, simplified candlestick chart in the corner showing the 24h uptrend.
Text Overlay:
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*"+0.45% in 24h"* (Green arrow/percentage)
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Bitcoin (BTC) holders are accelerating profit-taking activity following a confirmed golden cross on May 22, when BTC’s 50-day simple moving average (SMA) surpassed its 200-day SMA. The event coincided with a record price peak of $111,000.
Realized Profits Surpass $500M per Hour
According to on-chain data from Glassnode, entity-adjusted realized profits exceeded $500 million per hour three times within 24 hours on June 3. This metric tracks total U.S. dollar profits from all moved coins whose last on-chain movement price was lower than the transaction price.
This marks the highest level of realized profit-taking activity since February and reflects heightened selling pressure despite bullish technical indicators.
SOPR and Whale Data Confirm Distribution Phase
Glassnode’s adjusted Spent Output Profit Ratio (SOPR) also shows a rising trend in profit realization. The platform reports that the average coin moved is locking in gains of approximately 16%, with less than 8% of historical trading days offering higher profitability for investors.
Meanwhile, large holders — entities with 10,000 to 100,000 BTC — have continued a multi-year trend of reducing holdings. Blockchain analyst Willy Woo notes that this group’s supply has declined by approximately 40% over eight years, dropping from 2.7 million BTC to around 1.6 million BTC as of June 2025.
Bitcoin Holds Key Support at $105,000
BTC is currently trading at $105,750, retracing approximately 5.5% from its recent peak. The asset briefly recovered to $106,800 on June 3 before returning to the $105,000 support range during early trading hours on June 4.
Bitcoin has now held above the six-figure threshold for 27 consecutive days, setting a new record and surpassing the previous high of 18 days above $100,000 in January 2025.
🚀 Bitcoin Profit-Taking Accelerates After Golden Cross – Key Levels to Watch
Bitcoin (BTC) holders are ramping up profit-taking after the golden cross confirmed on May 22, when BTC’s 50-day SMA crossed above its 200-day SMA. This bullish signal came as BTC hit a new all-time high of $111,000, but now, traders are cashing in at record speeds.
💰 Realized Profits Surge Past $500M/Hour
On-chain data from Glassnode shows realized profits exceeding $500M per hour at least three times on June 3. This marks the highest profit-taking activity since February, suggesting strong selling pressure despite bullish momentum.
🔍 Why it matters?
SOPR (Spent Output Profit Ratio) shows coins moved are locking in ~16% gains on average.
Less than 8% of historical trading days have offered better profit-taking opportunities.
🐋 Whales Keep Dumping: A Multi-Year Trend Continues
Large holders (10K–100K BTC) have been steadily reducing their supply for eight years, dropping from 2.7M BTC to 1.6M BTC (per Willy Woo). This signals long-term distribution, even as retail and institutional demand grows.
⚡ Bitcoin Holds Strong at $105K Support
After a 5.5% pullback from its peak, BTC is now trading at $105,750, testing key support. Notably:
27 consecutive days above $100K (new record, smashing Jan 2025’s 18-day streak).
Brief recovery to $106,800 on June 3 before settling back.
📉 What’s next?
If $105K holds, we could see another leg up. But if profit-taking accelerates, a deeper retracement may follow.
#Bitcoin #BTC #Crypto #GoldenCross #Whales
Thoughts? Are you holding, selling, or buying the dip? Drop your take below
