Key Insights:
- BNB price traded at $996, up nearly 5% daily, 19% monthly, and 84% in a year.
- Smart Money Index and CMF show whales and large traders adding exposure to Binance Coin.
- Technical targets point to $1,080, $1,186, and $1,292, suggesting nearly 30% upside.
BNB, the native token of Binance, has crossed the $1,000 mark for the first time in history. At press time, the BNB price was trading around $996, up around 5% in the past 24 hours.
But this rally to $1,000 may not be over yet. Data from traders, whales, and charts suggest BNB could still rise as much as 30% more, pushing toward $1,300.
And there are reasons to believe that all the other coins might be trading in the Binance Coin season, at least for now.
BNB Price Rally Is Driven by Liquidations and Heavy Gains
The run past $1,000 did not come easy. A heatmap of liquidations shows that as BNB price moved closer to this level, it wiped out most of the short positions from the last three months.
Traders who bet against the coin were forced out, which added fuel to the rally. This brings the narrative of a short squeeze into play, where the short traders unintentionally lost funds to drive the BNB price rally further.
Crossing $1,000 is also important because it is a psychological level. Breaking through such round numbers often attracts fresh buyers.
With momentum on its side, BNB price has logged consistent gains: 5% in a day, 19% in a month, 55% in three months, and 84% over a year. These steady numbers show it is not just a sudden pump but a strong trend.
At the same time, social dominance, the share of crypto chatter linked to BNB, jumped from 0.38% on September 6 to 3.74% now.
This proves the buzz around Binance Coin is spreading across markets. Many traders are calling this the start of a “BNB Season.”
Smart Money and Whales Join the Party
It is not just retail traders chasing the move. Data shows that smart money, large investors who usually buy before big moves, has been piling into BNB.
The Smart Money Index, which tracks their flows, flipped positive for the first time in weeks. It now shows investors are adding exposure instead of pulling back.
Whale activity also backs this rally. The Chaikin Money Flow (CMF), a metric that tracks buying pressure, has surged to 0.23, one of its highest levels this year.
This signals that big wallets are pushing funds into BNB price, increasing trading volumes and strength.
Together, rising smart money inflows, whale buying, and booming social chatter show conviction. These groups usually act early, which means they are betting that BNB has more room to climb.
BNB Price: Technical Patterns Point Toward $1,300
The charts also agree. BNB price is still trading inside an ascending channel, which is a bullish pattern.
Importantly, this channel has not broken even at $1,000. That means the trend is intact, and as long as BNB stays above support, it can push higher.
BNB Price levels set by Fibonacci retracements give clear targets, with the first resistance at $1,080. The next target levels sit at $1,186 and $1,292, which translates to almost 30% in gains from the current levels.
This fits with the channel breakout, which also points toward $1,280–$1,300 as the upside. In simple words, if momentum holds, BNB could still rise 30% more from here.
The path will not be straight up. Some cooling off may happen.
But with whales, smart money, and retail hype moving in the same direction, the odds are in favor of bigger gains for the BNB price.