BNB Open Interest Crosses $780M After $1 Billion Token Burn: What Follows?
Key Notes Token burn permanently removes 1.6 million BNB tokens worth over $1 billion from circulating supply of 139.29 million. Derivatives trading volume jumped 33.94% to $613.7 million with long-to-short ratios favoring bullish sentiment. Technical analysis shows BNB above all major moving averages with MACD crossover supporting potential breakout to $700-720 range. BNB Chain confirmed […]
BNB Open Interest Crosses $780M After $1 Billion Token Burn: What Follows? Read More »