$BNB Strong increase occurred after Nano Labs Ltd announced the purchase of 120,000 BNB in the OTC market valued at 90 million dollars. This transaction was executed at an average price of 707 dollars, indicating an increasing strategic confidence in the Binance ecosystem.

The timing of this deal is noteworthy—just a few weeks after Binance completed over 1 billion dollars in cryptocurrency burned monthly, reducing the supply of BNB and amplifying scarcity. Such large OTC transactions typically absorb market liquidity without slippage, creating