BNB Price Hits 7-Month Low, 1.3 Million New Addresses May Spark Rebound

Reporting by Beincrypto indicates BNB has experienced a sharp correction, with the price falling from $900 to near $700 and reaching a seven-month low after erasing months of gains. The network has added over 1 million new addresses despite the price weakness, peaking near 1.3 million additions and continuing to add more than 1 million new addresses daily.

New addresses are significant because they often represent fresh capital that can help absorb supply if buying interest persists. Derivatives data remains bearish, with futures positioning skewed toward downside. Liquidation maps show roughly $43 million in short liquidation leverage versus $6 million on the long side, and the largest cluster of long contracts sits at $682 — losing that support would trigger about $3.07 million in long liquidations.