Trading volume in BNT exploded roughly
↗73%
over the past 24 hours as the price climbed
↗19%
over the past week, even with more sellers than buyers.
Concentrated trading activity
Just 16 unique traders were active over the past 24 hours despite the volume surge, indicating trading is concentrated among a small group rather than broad market participation.
Selling pressure remains elevated
Selling pressure stayed high at a 4:1 seller-to-buyer ratio over the past 24 hours while open interest declined roughly
↘4%
over the past 4 hours, creating a mixed picture alongside the price move.
Some movement to personal wallets
Small outflows from exchanges (around approximately $50K) over the past 24 hours suggest some investors are moving coins to personal wallets, though overall network activity remains light with 219 active addresses currently.
Distance from peak
The asset remains
↘98.65%
below its all-time high despite the recent weekly price increase.