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BNB Approaches All-Time High Amid Institutional Buying Frenzy
BNB Approaches All-Time High Amid Institutional Buying Frenzy
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[TRADE_PLUGIN]BNBUSDT,BNBUSDT[/TRADE_PLUGIN]
BNB News -
BNB surged past $850, nearing its record peak of $860 as institutional investors fueled a broader crypto market rally. The token gained over 4% in 24 hours, supported by heavy trading volume and corporate accumulation.
CEA Industries became the largest corporate holder after purchasing 200,000 BNB, highlighting growing institutional interest in altcoins. The rally paused NEAR $855 due to profit-taking, but strong support held at $834.40.
Trading volume tripled the daily average during the ascent, with technical indicators showing sustained accumulation despite late-session consolidation. Key resistance levels at $839.57 and $853.67 were decisively broken before encountering selling pressure.
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