Midnight $BNB causing trouble once again with a wild ATH
Woke up in the morning to find that the coin-based contract grid had broken down over the week and I had to refill it. Luckily, the naked long positions and spot holdings are still intact, definitely a nice income after sleep.
Although there is currently no information source indicating where this sudden buying pressure is coming from, based on the timing and magnitude of purchases (300,000 $BNB purchased in the past 12 hours), I suspect it’s very likely that some North American BNB micro-strategy has taken action, but there has been no official announcement yet.
Otherwise, it’s hard to explain such concentrated, continuous, and large-scale buying pressure coming from nowhere.
