๐จ$BNB : WHALES ๐ ACCUMULATING OR QUIETLY SELLING?
๐ A notable transaction shows a wallet labeled Wintermute transferring 2,300 BNB (~$1.67 million) to Binance.
๐ Binance flows over 7 days through 05/11:
Inflows: $368.29 million.
Outflows: $254.31 million.
Net exchange inflow: +$113.98 million.
BNB reference price is around $681, 1H RSI is at 40, and funding is slightly negative.
๐ฅ Notably: BNB is under selling pressure, but there is no confirmed evidence of significant whale spot accumulation.
Is BNB preparing to bottom out, or is another leg down still ahead?#bnb
๐ A notable transaction shows a wallet labeled Wintermute transferring 2,300 BNB (~$1.67 million) to Binance.
๐ Binance flows over 7 days through 05/11:
Inflows: $368.29 million.
Outflows: $254.31 million.
Net exchange inflow: +$113.98 million.
BNB reference price is around $681, 1H RSI is at 40, and funding is slightly negative.
๐ฅ Notably: BNB is under selling pressure, but there is no confirmed evidence of significant whale spot accumulation.
Is BNB preparing to bottom out, or is another leg down still ahead?#bnb