#BNB As of December 27, 2024, Binance Coin (BNB) is trading at around $ 702, reflecting a 1.55% increase from its previous close. Recent whale activity indicates significant interest, with large investors accumulating over $ 112 million in BNB following the launch of Scroll (SCR) on Binance. Technically, BNB has formed a cup-and-handle pattern on the weekly chart, suggesting potential for further gains. Additionally, Binance’s ongoing token burn strategy continues to reduce the circulating supply of BNB, potentially increasing its value. These factors collectively indicate a positive outlook for BNB in the near term.
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