He Yi: Most large transfers originated from Binance cold wallets and went to new hot wallets
Bullish and bearish perspectives:
Bullish reasons: The news provides a new narrative and could boost interest;
Bearish reasons: Confidence may be affected, making short-term investors more cautious;
My take: Both sides have their logic. Ultimately, it comes down to which side the price and trading volume of $BNB support.
$BNB latest: 713.82, 24h +1.35%, 24h range: 702.03 ~ 716.
#BNB
Bullish and bearish perspectives:
Bullish reasons: The news provides a new narrative and could boost interest;
Bearish reasons: Confidence may be affected, making short-term investors more cautious;
My take: Both sides have their logic. Ultimately, it comes down to which side the price and trading volume of $BNB support.
$BNB latest: 713.82, 24h +1.35%, 24h range: 702.03 ~ 716.
#BNB
