Reported 16 days ago
BNB has set a new all-time high despite market struggles, but signs indicate potential volatility ahead as short-term holders are likely to take profits. The Spent Output Profit Ratio (SOPR) shows profit margins tightening, while the Net Unrealized Profit/Loss (NUPL) suggests many short-term investors have significant gains. This combination raises the possibility of sell-offs and a testing of key support levels, with BNB's price potentially declining if negative momentum persists.
Source: YAHOO