Binance Traders Show Strong Bullish Sentiment as Solana’s 70% Long Bias Signals Potential Breakout
Solana (SOL) has demonstrated remarkable performance this week, surging nearly 20% and outpacing its competitors. Derivatives data from Binance reveals a significant skew towards long positions, with over 70% of Open Interest (OI) leaning bullish. This heavy leverage raises concerns about potential liquidation cascades in the event of a sharp pullback. Market participants are now debating whether SOL is poised for a liquidity sweep and mean reversion or if Leveraged traders are anticipating further upside. The current market dynamics highlight the high-stakes environment surrounding Solana’s price action, with Binance serving as a key battleground for bullish and bearish forces.
Solana’s 70% Long Bias Indicates Possible Major Breakout
Solana [SOL] has surged nearly 20% this week, outperforming its rivals. Derivatives metrics reveal a pronounced long-side imbalance, with over 70% of Binance Open Interest (OI) skewed to the upside. Such a leverage-heavy structure increases the probability of a liquidation cascade on any sharp retracement, raising questions about whether SOL is primed for a classic liquidity sweep and mean reversion or if leveraged participants are front-running something much bigger.
KiloEX Hacker Returns $6.9M After Bounty Offer
The KiloEX hacker has returned stolen funds totaling $6.9M in two transactions, after the DEX team offered a 10% bounty. The hack exploited an oracle vulnerability but ended as a white hat event. The hacker responded to the offer made on April 15, when KiloEX proposed to close its investigation if 90% of the lost funds were returned. The exchange warned the hacker of a full investigation, including law enforcement and Web3 security partners, if the funds were not returned. The wallets linked to the attacker sent out $1.4M and another $5.5M within a few hours.
Binance Coin (BNB) Surges 3.28%, Ruvi AI (RUVI) Predicted to Skyrocket Portfolio
Binance Coin (BNB) is making headlines with a 3.28% price surge due to the KernelDAO Megadrop following a wallet maintenance event. Meanwhile, Ruvi AI, a platform combining blockchain with AI, is positioning itself to change the blockchain game with a $1 valuation prediction after launch. Ruvi AI offers advanced AI-powered tools for businesses and creators, including automated media production and scalable AI solutions for marketing, development, and content creation.
Binance Coin (BNB) Price Prediction 2025-2031
Binance coin price prediction for 2025 indicates a maximum price of $1,087.08. By 2028, the maximum price could reach $2,898.87 and a minimum of $2,536.51. By 2031, BNB’s price could surge to $4,710.66 with broader acceptance in mainstream finance. Despite initial setbacks due to executive changes and legal challenges, BNB has shown resilience and a positive trend.
1-Year-Dormant Ethereum Whale Transfers 1000 ETH, Awakes With 859.3% Profit
After a year of dormancy, an Ethereum whale has resumed market activity by depositing 1000 ETH worth $1.6 million into Binance. These ETH trace back to withdrawals from multiple CEXs made 5–7 years ago. Currently, the wallet holds 2001 ETH, valued at $3.16M, representing an 859.3% profit. This whale’s re-entrance into the Ethereum market has elicited questions about their intention and possible effect on the market.
Lorenzo Protocol’s BANK Token Surges 150% After Binance Futures Listing
The BANK token saw a rapid climb after its listing on multiple platforms, including Binance’s Alpha market and the launch of a BANKUSDT perpetual contract on Binance Futures with up to 50x leverage. The Token Generation Event (TGE) for BANK took place on April 18 via Binance Wallet, in partnership with PancakeSwap, raising $200,000. The token is now trading on PancakeSwap, Bitget, and CoinEx, with a market cap of approximately $22 million. Following its listing on Binance Futures, the BANK token surged 150%.
