BNB Reaches Record $1,112 as Millions in Short Positions Are Liquidated
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Oct 03 2025BNB Price Surge: Binance Coin (BNB) has reached a new high of $1,112, driven by renewed investor interest in major cryptocurrencies like Bitcoin and Ethereum, with a 24-hour trading volume of $4.21 billion.
Market Liquidations and Sentiment: Over $396 million in positions were liquidated in the last 24 hours, primarily affecting short traders, indicating strong bullish pressure and a positive market sentiment towards BNB's continued rise.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
