BNB Hits New Peak as Windtree Commits $520M Toward Binance Coin Treasury - Cryptured.com

2025-08-04 21:04:16

Abstract generation in progress

BNB (BNB), formerly known as Binance Coin, is edging lower after reaching a new all-time high of $855. Windtree’s $250 million pledge to establish a BNB corporate treasury means that the Centralized Exchange (CEX) token is breaking new ground.

Additionally, the BNB open interest has surpassed $1 billion as traders’ confidence in futures markets is bolstered by optimism surrounding BNB. The technical prognosis points to more gains in the face of increased optimism and bullish momentum.

Windtree Announces Corporate BNB Treasury Initiative

The NASDAQ-listed business Windtree Therapeutics said Thursday that it would contribute $520 million to buy BNB tokens. Over the past four days, the announcement has sparked a renewed bullish run in the CEX token, which culminated in a new all-time high of $855 on Monday.

For the purpose of purchasing BNB, Windtree plans to establish an equity credit line of up to $500 million and enter into a $20 million stock purchase agreement with Build & Build Corp. The equity credit line still needs to be approved by shareholders, though.

BNB Aims for $907 With Open Interest at New Highs

Binance As of Monday’s press time, the currency is creeping lower from the $855 mark and is finding it difficult to maintain its gains from Sunday. The Relative Strength Index (RSI) is above 85 on the daily chart, suggesting an overbought condition, and BNB is currently in a price-discovery phase. Even though the RSI indicates sideways trending buying pressure, overbought levels usually signal a sharp decline, so investors should use caution.

The rising Moving Average Convergence Divergence (MACD) and its signal line indicate that the trend momentum is strengthening, and investors are likely to move toward BNB. Bullish trend momentum growth is indicated by the upward trend of the green histogram bars from the zero line.

If BNB’s upward trend continues, it may reach the $907 mark, which would correspond with the R3 pivot level and indicate double-digit gains in the future.

From $1.20 billion on Sunday, the BNB Open Interest (OI) reaches its highest point ever, $1.58 billion. Trader interest has surged, as seen by the $380 million capital inflow into BNB derivatives.

Conversely, BNB might retest the R2 pivot level at $802 if it reverses.

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