$BNB plunges 6.3%, institutional long position share rises to 35.2%
$BNB fell 6.3% today, hitting a one-month low. The share of institutional long positions rose to 35.2%, while market sentiment reached extreme fear (19). No major whale activity was detected on-chain, so caution is warranted in the short term. Data sources: Glassnode long-position share and Binance funding rate.
#BNBUpdates
$BNB fell 6.3% today, hitting a one-month low. The share of institutional long positions rose to 35.2%, while market sentiment reached extreme fear (19). No major whale activity was detected on-chain, so caution is warranted in the short term. Data sources: Glassnode long-position share and Binance funding rate.
#BNBUpdates
