384K USDT Transactions on Tron: This Crypto Story Will Blow Your Mind! 💣💰

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  • Oh, jolly ho! Binance just hit a whopping 384K USDT transactions on Tron! 🎉 Is it a party or what?
  • Watch out! BNB is prancing around in a bullish wedge, eyes glistening at a tempting $690 if only it could kick that resistance down! 💪

Well, well, well! Binance Coin [BNB] nibbled a wee bit down by 1.5% in the past 24 hours and took a slightly bigger gulpy drop of 2.86% over the week! But don’t fret, dear investors! This tiny hiccup hasn’t shaken off the brave souls—oh no, the on-chain growth is still twinkling with delight! 🌟

Oh My Gosh! Binance Inflows Soar—What’s Brewing? 🔍

CryptoQuant has clued us in on a sneaky surge of crypto inflows, with most of the mischief coming straight from Binance—the grand maestro behind that cheeky BNB token!

Hold on to your hats! Binance chalked up a staggering 384,000 USDT transactions on Tron, which, believe it or not, is more than the entire combined transaction hullabaloo of Bybit and HTX! 🤯

Now, such a surge usually yells, “Hey, everyone! Look at me! I’m super popular on the Binance platform and the Smart Chain!” 😆

Experts pranced around saying that market folks might just see this as a jolly good bullish signal, mesmerized as new on-chain addresses sprang forth like daisies, up by a staggering 17% and buzzing past 802,800 addresses as we speak! 🌼

However, before we sip our tea too quickly, these new addresses seem a bit shy with events, performing a minor 1.2% dip in transactions! 🤔 Perhaps they just acquired their BNB tokens during the market’s cozy cool down, leading to less activity in the street.

Spot Sellers Poof! As Holding Gains Take the Stage 🎩

In an enchanting plot twist, spot market activity has dimmed a tad. On June 16th, we had sellers flaunting $6M worth of assets, but guess what? By the time the clock struck now, it shrunk down to just $1.57M! 🥳

When the volume of assets dancing off the shelves sinks amidst a crowd of rising adoption, it means—ladies and gentlemen—that investors prefer to hug their tokens and not let them go! 🤗

Meanwhile, our brave derivatives traders are still strutting about confidently, with the OI-Weighted Funding Rate staying rather chipper—hinting that lots of longs are more than eager to stay put! 😏

BNB Market Movement Keeps Strutting Strong 💃

Market whispers reveal that BNB is currently boogying within a bullish pattern, dancing along horizontal support and dodging a descending resistance line!

Despite some selling pressure trying to rain on our parade, BNB is still pushing upward, creating a delightful green candle after bouncing off the support level like a bouncy ball! 🎈

If dear BNB can glide up the resistance line and gather enough zing, it could burst out and dart towards the magical $690! Fingers crossed and happy trading! ✨

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2025-06-18 16:14