BNB Whale Dumps $103M Amid Market Sell-Off, Token Still Shows Bullish Signs Above 200 EMA

In a significant market movement, a whale recently offloaded 200,000 BNB tokens valued at $103 million on the world’s largest cryptocurrency exchange. Despite this major sell-off, BNB has shown resilience, remaining above its 200 EMA, indicating a bullish trend. The broader cryptocurrency market is currently facing intense selling pressure, largely driven by continuous Bitcoin sell-offs

Source: CoinOtag