BNB Don Pass $700 Amid Whale Sell-Offs, Market Dominance De Drop
BNB don break pass $700 afta dem get 10% gain for di month but e no perform well like di other dem wey gain over 20% for July. Altcoins dem bring almost $140 billion fresh capital but BNB only carry $4 billion. E market dominance drop from 3.40% to di lowest point for five months wey be 2.60%. On-chain data show say di number of wallets wey get over 10,000 BNB don fall to di lowest for three months, wey hint say di big traders dey sell. At di same time, big whales for Solana (SOL) dey gather more, and SOL prices don increase by 20%. Even with strong DEX flows, good token economics, and Windtree Therapeutics plan $200 million BNB treasury, di signals still mix. Traders suppose dey watch BNB market dominance and di big wallet trends to know if BNB fit get back e momentum or e go still correct more as higher-beta altcoins lead di next rally.
Bearish
BNB no dey perform well well; e dey lose market control and big whales don begin sell recently, wey dey put pressure for price down. Even though on-chain metrics, strong DEX flows, token economics, and institutional interest like Windtree’s $200 million treasury plan still dey support BNB fundamentals, short-term risk pass the good things. Capital fit continue to scatter and $700 level fit hold am down, fit bring more price correction. Traders fit reduce their exposure come dey put money for higher-beta altcoins, wey show say BNB get bearish outlook for short to medium period.