7 on-chain whales bought the dip on BNB, with a scale of $12.08 million.

BlockBeats news, October 30 - According to TradingBeats monitoring, BNB on Hyperliquid is currently trading at $715.8, rebounding about 6.8% from the low of $670.1 in the early morning, but still down about 5.2% over 24 hours. During the sharp decline, multiple large accounts concentrated on building positions.

Since today, 7 long positions have collectively built about $12.0755 million, with a weighted average price of $700.08, and floating profit of about $258,300; 3 short positions have collectively held about $3.2463 million, with a weighted cost of $708.15, and floating loss of about $32,500. The long position amount is about 3.72 times that of shorts, accounting for 78.8% of the bilateral positions of these accounts.

Among them, the largest newly added long position is about $2.498 million, with an average price of $686.05, floating profit of about $102,600, and floating return rate of about 42.8%. Another 3 large holders flipped from short to long, currently holding about $5.12 million in BNB long positions.

The overall OI quantity in this market has increased by about 58.2% compared to 24 hours ago, but has fallen back about 31.3% from the high this morning, with trading volume of about $313 million during the same period. The current funding rate is about -0.00477% per hour, with shorts paying longs.