The post All-Time High Alert: BNB Smashes $1,111 Barrier – Details appeared on BitcoinEthereumNews.com. According to on-chain metrics, BNB climbed to a record high of $1,111 and traded around $1,110 after an 8% jump in the past 24 hours. Data shows nearly $400 million in positions were liquidated across the BNB market in the last day, with close to $270 million of that coming from short positions and $127 million from long positions. Liquidations And Short Squeeze The heavy liquidation figure points to a sharp and fast move that forced leveraged traders out of the market. Short sellers bore the brunt, which helps explain the sudden surge. Rapid liquidations can push a price higher quickly, and that kind of move often brings extra volatility right after the spike. The token has gained 17% over the last seven days and has doubled in value over the past 12 months. Reports have disclosed that trading activity now dominates BNB Chain, and such sudden flows often feed momentum traders and bots. ATH szn in full swing 1 BNB = $1111 pic.twitter.com/69l8eEPgY3 — BNB Chain (@BNBCHAIN) October 3, 2025 Macro Signals And Rate Expectations Based on market coverage, broader market forces have also been at play. An unexpected ADP payroll print showed a decline of 32,000 jobs in September versus forecasts calling for a 50,000 gain. Official US employment data took a timeout amid stoppage of government functions, leaving traders to weigh partial signals. The CME FedWatch tool put the odds at about 97% for a 25 bps rate cut at the October 29 Fed meeting, and it flagged another potential cut at the December 10 meeting. Those shifting rate expectations appear to have pushed some investors toward assets like gold and cryptocurrencies. Network Changes And Fee Cuts BNB Chain’s own moves helped the rally. Validators cut the minimum gas fee from 0.1 Gwei to 0.05 Gwei earlier… The post All-Time High Alert: BNB Smashes $1,111 Barrier – Details appeared on BitcoinEthereumNews.com. According to on-chain metrics, BNB climbed to a record high of $1,111 and traded around $1,110 after an 8% jump in the past 24 hours. Data shows nearly $400 million in positions were liquidated across the BNB market in the last day, with close to $270 million of that coming from short positions and $127 million from long positions. Liquidations And Short Squeeze The heavy liquidation figure points to a sharp and fast move that forced leveraged traders out of the market. Short sellers bore the brunt, which helps explain the sudden surge. Rapid liquidations can push a price higher quickly, and that kind of move often brings extra volatility right after the spike. The token has gained 17% over the last seven days and has doubled in value over the past 12 months. Reports have disclosed that trading activity now dominates BNB Chain, and such sudden flows often feed momentum traders and bots. ATH szn in full swing 1 BNB = $1111 pic.twitter.com/69l8eEPgY3 — BNB Chain (@BNBCHAIN) October 3, 2025 Macro Signals And Rate Expectations Based on market coverage, broader market forces have also been at play. An unexpected ADP payroll print showed a decline of 32,000 jobs in September versus forecasts calling for a 50,000 gain. Official US employment data took a timeout amid stoppage of government functions, leaving traders to weigh partial signals. The CME FedWatch tool put the odds at about 97% for a 25 bps rate cut at the October 29 Fed meeting, and it flagged another potential cut at the December 10 meeting. Those shifting rate expectations appear to have pushed some investors toward assets like gold and cryptocurrencies. Network Changes And Fee Cuts BNB Chain’s own moves helped the rally. Validators cut the minimum gas fee from 0.1 Gwei to 0.05 Gwei earlier…

All-Time High Alert: BNB Smashes $1,111 Barrier – Details

According to on-chain metrics, BNB climbed to a record high of $1,111 and traded around $1,110 after an 8% jump in the past 24 hours.

Data shows nearly $400 million in positions were liquidated across the BNB market in the last day, with close to $270 million of that coming from short positions and $127 million from long positions.

Liquidations And Short Squeeze

The heavy liquidation figure points to a sharp and fast move that forced leveraged traders out of the market. Short sellers bore the brunt, which helps explain the sudden surge.

Rapid liquidations can push a price higher quickly, and that kind of move often brings extra volatility right after the spike.

The token has gained 17% over the last seven days and has doubled in value over the past 12 months.

Reports have disclosed that trading activity now dominates BNB Chain, and such sudden flows often feed momentum traders and bots.

Macro Signals And Rate Expectations

Based on market coverage, broader market forces have also been at play. An unexpected ADP payroll print showed a decline of 32,000 jobs in September versus forecasts calling for a 50,000 gain.

Official US employment data took a timeout amid stoppage of government functions, leaving traders to weigh partial signals. The CME FedWatch tool put the odds at about 97% for a 25 bps rate cut at the October 29 Fed meeting, and it flagged another potential cut at the December 10 meeting.

Those shifting rate expectations appear to have pushed some investors toward assets like gold and cryptocurrencies.


Network Changes And Fee Cuts

BNB Chain’s own moves helped the rally. Validators cut the minimum gas fee from 0.1 Gwei to 0.05 Gwei earlier this week, following prior reductions that moved fees from 3 Gwei to 1 Gwei in April 2024 and then to 0.1 Gwei in May 2025.

Block intervals were tightened from 750 milliseconds to 450 milliseconds, and proposals now aim for per-transaction fees near $0.005 with a longer-term target of $0.001.

Validators say staking APY has stayed above 0.5%, and they argued lower fees help keep trading activity strong. Trading-related transactions reportedly grew from about 20% at the start of 2025 to 67% by June.

Sovereign Interest And Market Positioning

Meanwhile, Kazakhstan’s state-backed Alem Crypto Fund named BNB as its first investment asset. The Ministry of Artificial Intelligence and Digital Development set up the reserve, while the Qazaqstan Venture Group, under the Astana International Financial Centre, manages the fund.

No purchase amount was disclosed. A state-linked decision to hold BNB adds a public-facing validation that could matter to some institutional and regional players.

Featured image from Nicolas Martinez, chart from TradingView

Source: https://www.newsbtc.com/altcoin/all-time-high-alert-bnb-crosses-1111-barrier-details/

Market Opportunity
Binance Coin Logo
Binance Coin Price(BNB)
$893.32
$893.32$893.32
+0.15%
USD
Binance Coin (BNB) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.