【Institutional Holding Epic Increase】

BlackRock quietly scooped up 2.8 million BNB, with a holding cost of $845!

- The latest 13F filing from BlackRock, the world's largest asset management firm, shows that the proportion of BNB in its cryptocurrency portfolio has surged to 23%, surpassing ETH to become the second-largest holding.

- On-chain data from Binance shows that over the past 72 hours, whale wallets have net purchased more than 120 million BNB, with holding costs concentrated in the $820-$850 range, setting a new high for the past 6 months.

- Citigroup analysts have urgently raised the target price to $1100: "BNB has become a core asset for institutional allocation in decentralized finance."

[Binance ecosystem explosive growth]

DeFi locked positions surpassed $45 billion in a single day, and BNB burn volume reached the second highest historical level!

- The newly launched LendX protocol on Binance Smart Chain (BSC) achieved a borrowing volume of over $1.2 billion in a single day, leading to a BNB burn volume of 123,000 coins, worth over $10 million.

- The total trading volume of the NFT market exceeded $8.7 billion. BNB, as the only settlement currency on the platform, directly feeds back to the coin price through transaction fees.

- The upcoming BNB Chain 2.0 will introduce sharding technology, increasing TPS to over 5000, directly competing with the Solana ecosystem.

[Technical breakout signal]

The daily level triple bottom pattern is complete, MACD golden cross + RSI divergence

- The four-hour chart shows that BNB formed a textbook W-bottom at $830, with the neckline at $890 about to break.

- Volume-price relationship: When breaking through $850, the trading volume increased to $2.3 billion, the highest level in the past two weeks, indicating signs of capital accumulation.

- On-chain cost distribution: 85% of chips are concentrated in the $780-$880 range, with very light selling pressure above. After breaking through, the target directly points to $1200.

[Operation Guide: Three-tiered investment strategy]

1. Try a small long at the current price of $858 (20% position), stop loss at $850, target $890

2. Add to positions when breaking above $890 (30% position), stop loss at $880, target $940

3. Buy on dips at $870 (50% position), stop loss at $860, ultimate target $1200

⚠️ Risk warning: unconditional stop loss if it falls below $820, leverage not exceeding 2 times

[Ultimate conclusion]

BNB is in a golden resonance period of institutional position reconstruction + ecosystem explosion + technical breakthrough. A short-term breakthrough of $900 is just an appetizer; the target price of $1500 in 2026 is by no means a fantasy! Investors are advised to seize the opportunity to buy on dips and dance with top institutions like BlackRock and Grayscale.

End of article surprise: Follow @Binance_China official Twitter for exclusive benefits upon the launch of BNB Chain 2.0!