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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I am writing this article on binance square so write it look like the article is written by me 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.
🚨BNB crossed the 670 USDT benchmark and is now trading at 670 USDT, with a 0.45% increase in 24
BNB Surpasses 670 USDT Mark Amid Steady Growth! 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 #MyCOSTrade #Binance #USD
$BTC $ETH $BNB Yep… it actually happened. China officially went full blackout on crypto — and this time, it’s not the usual posturing. It's the real deal: lights out, game over (at least inside China). Whether you’re deep into Bitcoin, stacking ETH, or just playing around with meme coins, this move definitely matters. So let’s unpack what’s going on — and what it means for the rest of us.
🇨🇳 So… What Did China Actually Ban? As of May 31st, 2025, China dropped the hammer with a sweeping ban on everything crypto-related. Here's what that looks like: ❌ Trading? Gone. Illegal.❌ Mining? Shut down completely.❌ Holding crypto? Yep — even that is banned.❌ Exchanges (local or global)? Blocked.❌ Wallets? Frozen. Surveillance? Turned up to 11. To top it off, they're saying that Chinese citizens outside China who hold crypto might also be investigated. That’s not a regulation tweak — that’s a total wipeout.
📉 How Did the Market React? Panic? Yeah, some. Bitcoin tanked from $111K to just under $104K — fast.Ethereum dropped ~7% almost immediately.Exchanges? Total chaos — withdrawals flooded in.Stablecoins like USDT? Massive demand spike. But — and here’s the interesting part — some investors are calling this the perfect dip to buy. When fear takes over? That’s when smart money steps in.
🧠 Why Is China Doing This (Really)? Their official line? It’s about “financial security,” “capital controls,” and stopping scams. But let’s be real — the actual play here is all about control. China is going all-in on its digital yuan — their own central bank digital currency (CBDC). It’s like they’re trying to delete crypto from the conversation so they can dominate with their government-backed digital money. Crypto represents freedom. Decentralization. Choice. None of that fits their playbook.
🌍 So… What Does This Mean for You? Honestly? This isn’t the first time China’s cracked down on crypto. It’s just the harshest one yet. And if history’s any guide? Crypto comes back stronger every single time. This is just another chapter in the long story of resistance, innovation, and comebacks.
💡 What You Should Be Doing Right Now: ❌ Don’t panic-sell — that’s how people get wrecked.🧠 Watch the big players — institutions often move quietly during chaos.📈 Stick to your long-term strategy — this is short-term noise.📡 Stay informed — but be picky about your sources. Ask yourself: is China really protecting its economy... or just tightening its grip?