The Binance Smart chain’s BNB coin was one of the few cryptocurrencies whose performance was nothing short of exciting before the weekend crash. The cryptocurrency maintained the same status after the flash crash.
The BNB coin just kicked off the week as the top gainer among the top 10 coins. BNB price achieved a sharp recovery on Sunday, during which it rallied by over 13%.
BNB price pushed as high as $1,319, which was equivalent to a 48% surge from its lowest price point on Sunday. The cryptocurrency exchanged hands at $1,287 at press time.
This sharp bounce back allowed BNB price to recover all of the losses that it had achieved before the tariffs-induced flash crash. The Binance coin was only 5% away from its recent historic all-time high (ATH).
Market Data Reveals Interesting Demand Dynamics Around BNB Price
The sharp recovery especially in the last 24 hours (Sunday) revealed some interesting dynamics. Binance coin’s aggressive recovery was devoid of aggressive whale activity contrary to expectations.
Binance spot activity recorded just over $38 million worth of net outflows from the whale cohort. OKX also registered net whale outflows worth just over $709,000 on its spot segment.
Despite weak demand for BNB coin among whales, the cryptocurrency still recorded positive net spot flows worth roughly $97 million on Sunday.
This was the highest daily positive inflows it achieved this year.
These transfers were observed amid concerns that Binance might be manipulating BNB price movements.
However, former Binance CEO CZ recently denied manipulating claims, citing organic growth and network activity as the main reason for the transactions.
Speaking of network activity, Binance Smart Chain just concluded the week with its second highest DEX volume in its history.
It had $37.78 billion worth of DEX volume between 6 and 12 October. Its highest weekly DEX volume took place between 17 and 23 May in 2021.
Disclaimer
The contents of this page are intended for general informational purposes and do not constitute financial, investment, or any other form of advice. Investing in or trading crypto assets carries the risk of financial loss. The forecasted data (also called “price prediction”) on this page are subject to change without notice and are not guaranteed to be accurate.
Source: https://www.thecoinrepublic.com/2025/10/13/bnb-price-shrugs-off-recent-losses-snaps-back-above-1300/