- BNB hits $855 as mid-term holders sell.
- Institutional demand drives recent BNB surge.
- Market volatility increases amid profit-taking.
BNB reached an all-time high of $855 on July 28, 2025, primarily driven by institutional demand within the crypto market.
Mid-term holders reportedly taking profits have sparked volatility, pointing to potential corrections amid caution over possible market overheating.
BNB’s all-time high of $855 on July 28, 2025, was propelled by institutional interest. The rally is showing signs of cooling as mid-term holders reportedly take profits. Richard Teng, CEO of Binance, remarked, “BNB’s new all-time high is a reflection of our growing ecosystem, robust institutional interest, and the continued utility of BNB in powering the Binance Smart Chain and our global platforms.”
Richard Teng, CEO of Binance, has not publicly commented on these events. Binance’s communications highlight institutional inflows but do not address mid-term profit-taking.
The immediate effect of BNB’s price surge has been increased volatility. Financial analysts have flagged potential corrections, noting the crypto’s overbought status.
Analysts cite signs of profit-taking as a factor in the market’s volatility. Despite this, official Binance channels emphasize the role of institutional demand in BNB’s valuation increase. .
No formal sources confirm large-scale mid-term holder dumps, but technical analysts remain cautious. Market participants compare this event to prior instances of BNB surges followed by corrections.
BNB’s surge has sparked conversations about its long-term sustainability. Analysts observe historical patterns that could lead to short-term corrections, though substantial institutional interest remains a defining factor in the current landscape.
