The post BNB Price Casually Pushes Into New Historic High Above $883 But What’s Next? appeared on BitcoinEthereumNews.com.

Key Insights: BNB price shrugs off recent market dump to print new highs. BNB spot inflows surge to second-highest levels observed since the start of 2025. BNB chain’s TVL soars to a 3-year high as address activity pushes above 14 million for 9 consecutive weeks. Binance Smart Chain’s BNB coin achieved a new historic high on Thursday morning in a surprising turn of events. Risk-on assets, including crypto, retreated in the last few days as investors adopted a cautious stance. BNB price maintained its upside, decoupling from the overall market trend, including its correction this week. The sustained bullish momentum pushed BNB as high as $883 in the last 24 hours, which marked a new all-time high. BNB Price Chart | Source: TradingView This latest upside also extended the divergence between the price and its RSI compared to its late July peak. The divergence could signal that the uptrend might be losing its momentum. However, that may not necessarily be the case, given its decoupling from the rest of the market, which could signal strong bullish momentum. BNB Price Soars as Spot Net Inflows Register Large Midweek Spike BNB price action in the last 24 hours saw a significant spike in spot activity. Inflows clocked $59.4 million, which was the second-highest spot inflow observed since the start of 2025. BNB Spot Flow | Source: CoinGlass The spot inflows were also accompanied by a healthy dose of derivatives demand. Open interest surged as high as $1.5 billion, which was a healthy recovery from $1.18 billion, its lowest level in August. Open interest also pushed to levels previously seen at the tail end of July. This was backed by a sizable volume uptick, to as high as $2.43 billion in the last 24 hours. Liquidations remained relatively low despite this uptick. These…

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Filed under: News - @ August 22, 2025 5:28 pm