BNB Slips Below $800 as Support Falters Despite Corporate Accumulation
BNB dropped below the $800 mark on Tuesday, slipping from $815.80 to as low as $780 before staging a mild rebound. The move follows a sharp rally that saw the token touch an all-time high near $860, largely driven by institutional buying.
Trading activity surged during the decline, with volume exceeding 4,000 tokens per minute according to CoinDesk Research. The breach of the $800 level—widely regarded as psychological support—raises concerns about the durability of the rally, even as corporate interest accelerates.
In recent weeks, several public companies have made bold bets on BNB. CEA Industries (VAPE), backed by Binance co-founder Changpeng Zhao’s Yzi Labs, announced plans to raise up to $1.2 billion to build a massive BNB treasury. The news sent its stock soaring more than 700%.
Liminatus Pharma (LIMN) launched a $500 million BNB investment arm, while Windtree Therapeutics (WINT) unveiled a $700 million BNB acquisition strategy. Nano Labs also disclosed the purchase of 128,000 BNB as part of its treasury diversification.
Still, volume patterns around resistance at $815.40 suggest a lack of follow-through demand, with signs of rebalancing dominating the session. While a late-session recovery hinted at residual support, the broader structure shows signs of fragility.
Despite strong corporate headlines, BNB’s price action suggests investors remain cautious—underscoring the gap between institutional announcements and market conviction.
