A dormant whale deposited 2,325 BNB, valued at 1.4 million USD, into Binance, boosting speculation and indicating possible market confidence.

Currently trading at 596.5 USD, BNB displays signs of bullish momentum with resistance levels at 625 USD and 678 USD, critical for future price action.

Despite a low social volume, BNB’s dominance rose to 0.55%, signaling increased investor interest as the Pascal upgrade is set for March 20, 2025, promising to enhance utility.