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Binance Coin shows slight bullish momentum as whales buy after dip below $600

Technical Signals
23 Jun 2026
AMBCrypto
View Source
Bullish
pluang ai news

Binance Coin (BNB) has been under pressure after falling below the $600 support level, trading around $592 recently. A notable whale investor, TechnoRevenant, sold $2.05 million worth of Tether Gold (XAUT) to buy 3,457 BNB, signaling confidence in BNB's potential recovery. Whale activity remains strong with sustained large orders and a buyer-dominant trend, suggesting accumulation despite recent price weakness. If whale demand continues, BNB could reclaim $600 and possibly reach $633, but rising exchange deposits warn of potential sell pressure and a drop back to $560 support.

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