BNB Price Retreats 4.7% Despite Record $2.5B Contract Holdings Surge
The post BNB Price Retreats 4.7% Despite Record $2.5B Contract Holdings Surge appeared on BitcoinEthereumNews.com.
Caroline Bishop Sep 26, 2025 07:31 BNB trades at $945.24 after pulling back from recent all-time high, as $2.5 billion in contract holdings signals strong institutional backing despite short-term weakness. Quick Take • BNB currently trading at $945.24 (-4.74% in 24h) • Binance Coin RSI at 51.05 shows neutral momentum after recent rally cooling • Contract holdings hit record 2.34 million tokens worth $2.5 billion, indicating institutional confidence What’s Driving Binance Coin Price Today? The BNB price is experiencing a healthy pullback after reaching unprecedented heights earlier this week. On September 22nd, BNB contract holdings surged to a historical peak of 2.34 million tokens, valued at over $2.5 billion, demonstrating robust institutional participation in the Binance ecosystem. This institutional influx follows BNB’s remarkable achievement on September 21st when the token reached an all-time high of $1,080.48. The surge reflected over 70% gains year-to-date, driven by heightened on-chain activity and growing institutional interest in Binance’s expanding ecosystem. Despite these positive fundamentals, today’s 4.74% decline represents a natural cooling period after such explosive growth. The current trading range of $936.00 to $1,000.39 shows significant volatility, with $592.9 million in 24-hour volume on Binance spot markets indicating sustained trader interest. BNB Technical Analysis: Mixed Signals Emerge The Binance Coin technical analysis reveals a complex picture as momentum indicators show conflicting signals. BNB RSI sits at 51.05, indicating neutral territory after cooling from overbought conditions following the recent all-time high breakout. Binance Coin’s MACD presents a bearish divergence with the histogram at -4.8205, suggesting short-term momentum may be weakening. However, the overall MACD remains positive at 32.15, indicating the longer-term uptrend stays intact. Moving averages paint a bullish picture for Binance Coin, with the current price of $945.24 sitting above both the 20-day SMA at $953.00…