BNB Defies Whale Dumping – Bullish Surge Signals Strong Market Confidence

Whales are cashing out, but Binance Coin won’t back down. BNB’s price action shrugs off sell-offs as retail and institutional buyers pile in—proving once again that crypto markets dance to their own chaotic rhythm.

### The Whale Exodus That Didn’t Matter

Big players dumped bags, yet BNB climbed. Either the ‘smart money’ isn’t so smart, or the little guys finally learned to front-run them. Either way, the order books absorbed the shock like a meme coin absorbs hype.

### Technicals Scream ‘Buy’ (But When Don’t They?)

RSI kissing 70? Check. Breaking resistance like regulators break promises? Double-check. Traders are betting on BNB’s ecosystem strength—because nothing says ‘safe investment’ like a token tied to an exchange that thrives on regulatory gray areas.

### The Cynic’s Corner

Let’s be real: if traditional finance worked this way—pumping assets despite insider sell-offs—the SEC would’ve shut it down before lunch. But this is crypto, where the rules are made up and the fundamentals don’t matter. Buckle up.

TLDR

• BNB broke above $700 and reached $720, but continues to underperform compared to other major cryptocurrencies
• Windtree Therapeutics plans to raise $200 million to build a BNB treasury, marking potential institutional adoption
• BNB Chain’s Maxwell upgrade doubled transaction throughput and reduced block times to 0.75 seconds
• Binance completed its 32nd quarterly token burn, removing 1.59 million BNB tokens from circulation
• Large BNB holders (wallets with 10k+ tokens) hit a three-month low, indicating some institutional selling

Binance Coin has crossed the $720 threshold after breaking above $700 for the first time since Q2 rejections. The token registered a 4.17% daily increase on July 17, 2025.

The breakout comes after two failed attempts to clear the $700 level during the second quarter. BNB has posted a 10% gain for the month, though this performance trails other major cryptocurrencies.

Top alternative cryptocurrencies have seen gains exceeding 20% over the same period. Nearly $140 billion in fresh capital entered the altcoin market this week, pushing the total market cap to $1.47 trillion.

BNB received approximately $4 billion in capital inflow during this period. This made it the weakest performer among the top five major cryptocurrencies by market cap.

The token’s market dominance has declined to 2.60%, marking a five-month low. This represents a drop from its mid-March peak of 3.40%.

Network Upgrades Drive Technical Improvements

The Maxwell upgrade to BNB Smart Chain has enhanced network performance. Transaction throughput has doubled, while block times have been reduced to 0.75 seconds.

These technical improvements aim to make the chain more attractive for decentralized applications. The upgrade also supports real-world asset tokenization initiatives.

BNB Chain extended its Zero Fee Carnival until July 31, 2025. This initiative removes fees for USDT and USD1 transactions, boosting user activity on the network.

Kraken and Backed Finance launched tokenized stocks on the BNB Chain. The xStocks platform enables access to tokenized equities and ETFs, expanding the chain’s use cases.

Institutional Interest Grows Despite Whale Selling

Windtree Therapeutics announced plans to raise $200 million for a BNB treasury. This represents a potential first step toward institutional Wall Street exposure for the token.

The company is also exploring a U.S. stock exchange listing for BNB Treasury Company. This MOVE could legitimize BNB as an institutional-grade digital asset.

However, on-chain data shows mixed signals from large holders. Wallets holding more than 10,000 BNB tokens reached a NEAR three-month low.

This suggests some large holders are reducing their positions. The trend contrasts with other major cryptocurrencies, where whale cohorts are reaching new highs.

Solana has seen increased large wallet activity, with address counts returning to early Q1 levels. The token has gained 20% alongside this whale accumulation.

Binance completed its 32nd quarterly token burn in the period. The company removed 1.59 million BNB tokens worth $1.07 million from circulation.

Current Market Position

BNB currently trades at $735.94 with technical indicators showing strong bullish momentum. The token sits above key moving averages, with the 7-day SMA at $703.16 and 20-day SMA at $677.13.

The RSI reading of 78.82 indicates overbought conditions. The MACD shows bullish momentum with a reading of 17.2547.

Support levels are established at $643.71 and $601.25. Immediate resistance sits at $736.56, with the 52-week high of $749.72 as the next major target.

BNB’s relative weakness compared to other major tokens raises questions about its market position. The token faces the challenge of catching up to higher-beta alternatives that have attracted more capital.