$BNB recently breached $855 and briefly touched $860 on July 28-29, 2025, marking a new all-time high (ATH) before consolidating around $824. The token maintains strong support at $780-$790, suggesting a potential retest of ATH levels. Whale accumulation and network upgrades underpin this rally, with traders closely monitoring key technical thresholds.
Whale Activity & Institutional Moves
Large holders are aggressively buying the dip, with taker buy volumes spiking to 39,127 BNB in recent sessions. Chinese firm Nano Labs added 120,000 BNB to its portfolio, signaling institutional confidence. On-chain metrics show sustained net inflows, including a single session with 20,546 BNB in bullish order flow. This accumulation hints at whales positioning for the next breakout.
Why BNB Is Climbing
"BNB's cup-and-handle pattern suggests a potential run to $1,000 if resistance at $793 breaks."
Technical & Fundamental Catalysts
The Maxwell network upgrade in July 2025 slashed block times to 0.75 seconds and doubled transaction throughput, enhancing scalability. Binance's 32nd quarterly token burn removed 1.59 million BNB (~$1.07B) from circulation, tightening supply. Meanwhile, the leveraged long-short ratio sits at 18.62, reflecting extreme bullishness in derivatives markets.
CZ's Net Worth Surpasses
"CZ's wealth surge correlates with BNB's ATH, boosting investor confidence in the token's trajectory."
• Weekly charts show BNB testing the upper boundary of a multi-year ascending channel
• Moving averages remain positively aligned, with price holding above the $714 20-day MA
• A decisive close above $830 could accelerate momentum toward $900
Traders should watch for shallow pullbacks as accumulation zones. Stop-loss placements above $780 and scaling into strength above $830 are strategies gaining traction.
BNB Hits $827 ATH
"Surging demand and Binance's expanding services drive BNB's rally, with staking and DeFi adoption rising."