BNB — Trade Analysis | Bigger Players Buying 🚀
I checked BNB's list of trades for the last 48 hours. Specifically, I looked at trades above certain volumes since I wanted to find out if bigger players are buying or selling BNB at the moment.
The results are bullish. Let's go through them:
Trades Between $50,000-$100,000
While there were 202 sell orders between 50k and 100k, the buy orders were almost 50%. Overall, this resulted in a net inflow of more than 7M.
Trades Between $100,000-$500,000
Orders between 50k and 100k show an even more bullish picture. The buy orders exceeded the sell orders by almost 70%, resulting in a net inflow of nearly 4M.
Trades Above $1,000,000
During the observed duration, only one buy order exceeded the one million threshold. However, there was no sell order.
Summarized: The numbers look bullish, and we can see a continuing accumulation of bigger players.
