#bnb $BNB
The 37th quarterly auto-burn of #BNB走势
The network removed approximately 1,646,196.44 BNB, with an estimated value of about $1.197 billion. This reduced the circulating supply by around 1.24%, bringing the total supply to approximately 131.51 million BNB.
BNB follows a strict deflationary model aimed at gradually reducing the total supply from 200 million tokens to 100 million tokens over the long term.
Where is the liquidity now? 🔥 👀👀
A large concentration of liquidity is positioned in the $742–$745 range above, estimated at 359.86K💸
There is also very strong liquidity concentrated in the $715–$718 range below 🔥
The price is now in a decision zone, in the middle of the current liquidity range. This makes watching for a break above resistance ($733) or below support ($726) key to determining the next move toward the liquidity sweep 🤔
Either toward $742 or toward $715. We’re watching how the candles react to the areas mentioned.
#Binance #BinanceSquareTalks #EarningsSeason
The 37th quarterly auto-burn of #BNB走势
The network removed approximately 1,646,196.44 BNB, with an estimated value of about $1.197 billion. This reduced the circulating supply by around 1.24%, bringing the total supply to approximately 131.51 million BNB.
BNB follows a strict deflationary model aimed at gradually reducing the total supply from 200 million tokens to 100 million tokens over the long term.
Where is the liquidity now? 🔥 👀👀
A large concentration of liquidity is positioned in the $742–$745 range above, estimated at 359.86K💸
There is also very strong liquidity concentrated in the $715–$718 range below 🔥
The price is now in a decision zone, in the middle of the current liquidity range. This makes watching for a break above resistance ($733) or below support ($726) key to determining the next move toward the liquidity sweep 🤔
Either toward $742 or toward $715. We’re watching how the candles react to the areas mentioned.
#Binance #BinanceSquareTalks #EarningsSeason