The post Binance Coin Consolidates Near All-Time High as Record Contract Holdings Signal Strong Institutional Interest appeared on BitcoinEthereumNews.com.

Felix Pinkston
Sep 30, 2025 06:17

BNB trades at $1,025 after touching new all-time high of $1,080, with contract holdings reaching record $2.5 billion amid growing institutional participation.

What Happened Binance Coin surged to a new all-time high of $1,080.48 on September 21, marking a significant milestone for the exchange token as it continues its impressive 70% year-to-date rally. BNB currently trades at $1,025.19, up 1.83% over the past 24 hours, maintaining strong momentum despite some consolidation from peak levels. The rally coincided with record-breaking contract holdings data, with BNB contract positions reaching 2.34 million tokens valued at over $2.5 billion, signaling unprecedented institutional interest in the asset. The Details The surge to new highs reflects a confluence of positive fundamentals driving BNB demand. On-chain activity has intensified significantly, with heightened trading volumes and increased utilization of BNB for transaction fees across the Binance Smart Chain ecosystem. The record contract holdings suggest sophisticated investors are taking substantial positions, indicating confidence in BNB’s long-term value proposition. Trading volume reached $286.49 million over the past 24 hours, supporting the price action with solid liquidity. The institutional interest is particularly noteworthy given the broader cryptocurrency market’s maturation and increasing regulatory clarity in key jurisdictions. Technical Response From a technical perspective, BNB price action demonstrates strong bullish momentum despite the recent consolidation. The token trades significantly above all major moving averages, with the price sitting 4.8% above the 20-day SMA at $978.01 and 42.3% above the 200-day SMA at $720.59. The RSI indicator reads 62.6, suggesting the asset remains in neutral territory with room for further upside without entering overbought conditions. However, the MACD shows some bearish divergence with a histogram reading of -1.3557, indicating potential short-term consolidation pressure. Key resistance levels emerge at $1,083.47, which…

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Filed under: News - @ October 1, 2025 5:21 am