{"id":536946,"date":"2023-06-08T02:00:45","date_gmt":"2023-06-08T02:00:45","guid":{"rendered":"https:\/\/wncen.com\/?p=536946"},"modified":"2024-06-11T14:37:24","modified_gmt":"2024-06-11T14:37:24","slug":"binance-coin-bnb-at-risk-200-million-liquidation-looms","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/binance-coin-bnb-at-risk-200-million-liquidation-looms\/","title":{"rendered":"Binance Coin (BNB) At Risk: $200 Million Liquidation Looms"},"content":{"rendered":"

Binance Coin (BNB) has been one of the top-performing cryptocurrencies in recent years, with its value rising significantly since its launch in 2017. However, the coin has experienced a sharp decline in value following the recent Securities and Exchange Commission (SEC) complaint against Binance.US and increased regulatory oversight by the US watchdog.<\/span><\/p>\n

Currently, BNB is trading at $260, down by over 7% and 14% in 24 hours and the last seven days, respectively. This drop has been attributed to the recent regulatory scrutiny, as well as broader market trends.<\/span><\/p>\n

Related Reading: Bitcoin 24-Hour Volatility Soars, Why Bulls Could Win Fight In Short-Term<\/a><\/div>\n

BNB Price Drop Spells Trouble<\/span><\/h2>\n

The BNB bridge suffered an exploit that has put Binance Coin in a precarious position, with a potential liquidation of $200 million on Venus Decentralized Autonomous Organization (DAO) looming if the price drops by 14% to $220.\u00a0<\/span><\/p>\n

Venus DAO is a community-driven organization that governs the Venus Protocol, which is a decentralized lending and borrowing platform built on the Binance Smart Chain. The Venus Protocol allows users to borrow and lend cryptocurrencies, and earn interest on their holdings.<\/span><\/p>\n

According <\/span><\/a>to the researcher DeFi Ignas, the exploit occurred on October 7th, 2022, when an attacker minted 2 million BNB ($593 million)) and deposited 900,000 BNB as collateral to Venus. They then borrowed other assets on Venus to launder as much money as possible. This is the single largest potential liquidation in all of Decentralized Finance (DeFi) and cannot be closed.<\/span><\/p>\n

Following the exploit, BNB Chain was halted to upgrade the network, and the Binance Bridge hack now ranks as the third-largest overall hack. All three of the top hacks have been cross-chain bridge exploits, highlighting the vulnerabilities of the DeFi ecosystem.<\/span><\/p>\n

According to Ignas, to prevent any cascading liquidations, the BNB Chain will liquidate the position itself. However, the good news is that Venus DAO has voted to whitelist BNB Chain as the sole liquidator of the BNB exploiter address. This move should help to prevent any further market disruptions and provide some stability to the market.<\/span><\/p>\n

Binance.US Netflow Plummets<\/span><\/h3>\n

Blockchain and data research firm Nansen has <\/span>reported <\/span><\/a>that the net outflows from major cryptocurrency exchanges Binance and Coinbase have decreased in the 24 hours following the news of the SEC’s lawsuit against Coinbase. The outflows retraced to $491.9M and $105.3M, respectively.<\/span><\/p>\n

\"BNB\"
Binance Net outflows following the SEC’s complaint over the last 24 hours. Source: Nansen on Twitter<\/a><\/figcaption><\/figure>\n

This is in contrast to the situation 24 hours after the SEC sued Binance when Binance’s netflow was $78M positive. However, after the SEC filed to seek a temporary restraining order to freeze Binance’s US assets, Binance’s netflow turned negative, dropping to -$123.6M.<\/span><\/p>\n

Related Reading: Late Evidence In Criminal Trial Irks SBF, FTX Explores Options For AI Stock Sale<\/a><\/div>\n

The decrease in net outflows from Binance and Coinbase suggests that investors are becoming more cautious in light of the SEC’s legal actions against major cryptocurrency exchanges. The SEC’s lawsuit against Coinbase, in particular, has raised concerns about the regulatory scrutiny faced by the crypto industry as a whole.<\/span><\/p>\n

\"BNB\"
BNB’s downtrend on the 1-day chart. Source: BNBUSDT on TradingView.com<\/a><\/figcaption><\/figure>\n

Featured image from Unsplash, chart from TradingView.com\u00a0<\/span><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Binance Coin (BNB) has been one of the top-performing cryptocurrencies in recent years, with its value rising significantly since its launch in 2017. However, the coin has experienced a sharp decline in value following the recent Securities and Exchange Commission (SEC) complaint against Binance.US and increased regulatory oversight by the US watchdog. Currently, BNB is trading at $260, down by over 7% and 14% in 24 hours and the last seven days, respectively. This drop has been attributed to the recent regulatory scrutiny, as well as broader market trends. Related Reading: Bitcoin 24-Hour Volatility Soars, Why Bulls Could Win Fight In Short-Term BNB Price Drop Spells Trouble The BNB bridge suffered an exploit that has put Binance Coin in a precarious position, with a potential liquidation of $200 million on Venus Decentralized Autonomous Organization (DAO) looming if the price drops by 14% to $220.\u00a0 Venus DAO is a community-driven organization that governs the Venus Protocol, which is a decentralized lending and borrowing platform built on the Binance Smart Chain. The Venus Protocol allows users to borrow and lend cryptocurrencies, and earn interest on their holdings. According to the researcher DeFi Ignas, the exploit occurred on October 7th, 2022, when an attacker minted 2 million BNB ($593 million)) and deposited 900,000 BNB as collateral to Venus. They then borrowed other assets on Venus to launder as much money as possible. This is the single largest potential liquidation in all of Decentralized Finance (DeFi) and cannot be closed. Following the exploit, BNB Chain was halted to upgrade the network, and the Binance Bridge hack now ranks as the third-largest overall hack. All three of the top hacks have been cross-chain bridge exploits, highlighting the vulnerabilities of the DeFi ecosystem. According to Ignas, to prevent any cascading liquidations, the BNB Chain will liquidate the position itself. However, the good news is that Venus DAO has voted to whitelist BNB Chain as the sole liquidator of the BNB exploiter address. This move should help to prevent any further market disruptions and provide some stability to the market. Binance.US Netflow Plummets Blockchain and data research firm Nansen has reported that the net outflows from major cryptocurrency exchanges Binance and Coinbase have decreased in the 24 hours following the news of the SEC’s lawsuit against Coinbase. The outflows retraced to $491.9M and $105.3M, respectively. This is in contrast to the situation 24 hours after the SEC sued Binance when Binance’s netflow was $78M positive. However, after the SEC filed to seek a temporary restraining order to freeze Binance’s US assets, Binance’s netflow turned negative, dropping to -$123.6M. Related Reading: Late Evidence In Criminal Trial Irks SBF, FTX Explores Options For AI Stock Sale The decrease in net outflows from Binance and Coinbase suggests that investors are becoming more cautious in light of the SEC’s legal actions against major cryptocurrency exchanges. The SEC’s lawsuit against Coinbase, in particular, has raised concerns about the regulatory scrutiny faced by the crypto industry as a whole. Featured image from Unsplash, chart from TradingView.com\u00a0  <\/p>\n","protected":false},"author":589,"featured_media":536947,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[10768,86864,79611,6664,1558],"class_list":["post-536946","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-binance","tag-binance-coin-bnb","tag-bnbusdt","tag-crypto","tag-cryptocurrency"],"acf":[],"yoast_head":"\nBinance Coin (BNB) At Risk: $200 Million Liquidation Looms<\/title>\n<meta name=\"description\" content=\"BNB has been one of the top-performing cryptocurrencies in recent years, with its value rising significantly since its launch in 2017.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/binance-coin-bnb-at-risk-200-million-liquidation-looms\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Binance Coin (BNB) At Risk: $200 Million Liquidation Looms\" \/>\n<meta property=\"og:description\" content=\"BNB has been one of the top-performing cryptocurrencies in recent years, with its value rising significantly since its launch in 2017.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/binance-coin-bnb-at-risk-200-million-liquidation-looms\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-08T02:00:45+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T14:37:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/06\/bernd-dittrich-DT71hAJoIJM-unsplash.jpg?fit=2400%2C1600\" \/>\n\t<meta property=\"og:image:width\" content=\"2400\" \/>\n\t<meta property=\"og:image:height\" content=\"1600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ronaldo Marquez\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Rmmcapital\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ronaldo Marquez\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/binance-coin-bnb-at-risk-200-million-liquidation-looms\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/binance-coin-bnb-at-risk-200-million-liquidation-looms\/\"},\"author\":{\"name\":\"Ronaldo Marquez\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c\"},\"headline\":\"Binance Coin (BNB) At Risk: $200 Million Liquidation Looms\",\"datePublished\":\"2023-06-08T02:00:45+00:00\",\"dateModified\":\"2024-06-11T14:37:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/binance-coin-bnb-at-risk-200-million-liquidation-looms\/\"},\"wordCount\":549,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/binance-coin-bnb-at-risk-200-million-liquidation-looms\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/06\/bernd-dittrich-DT71hAJoIJM-unsplash.jpg?fit=2400%2C1600\",\"keywords\":[\"Binance\",\"Binance Coin (BNB)\",\"bnbusdt\",\"crypto\",\"cryptocurrency\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/binance-coin-bnb-at-risk-200-million-liquidation-looms\/\",\"url\":\"https:\/\/wncen.com\/news\/binance-coin-bnb-at-risk-200-million-liquidation-looms\/\",\"name\":\"Binance Coin (BNB) At Risk: $200 Million Liquidation Looms\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/binance-coin-bnb-at-risk-200-million-liquidation-looms\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/binance-coin-bnb-at-risk-200-million-liquidation-looms\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/06\/bernd-dittrich-DT71hAJoIJM-unsplash.jpg?fit=2400%2C1600\",\"datePublished\":\"2023-06-08T02:00:45+00:00\",\"dateModified\":\"2024-06-11T14:37:24+00:00\",\"description\":\"BNB has been one of the top-performing cryptocurrencies in recent years, with its value rising significantly since its launch in 2017.\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/binance-coin-bnb-at-risk-200-million-liquidation-looms\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/binance-coin-bnb-at-risk-200-million-liquidation-looms\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/binance-coin-bnb-at-risk-200-million-liquidation-looms\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/06\/bernd-dittrich-DT71hAJoIJM-unsplash.jpg?fit=2400%2C1600\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/06\/bernd-dittrich-DT71hAJoIJM-unsplash.jpg?fit=2400%2C1600\",\"width\":2400,\"height\":1600,\"caption\":\"BNB\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/binance-coin-bnb-at-risk-200-million-liquidation-looms\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Binance Coin (BNB) At Risk: $200 Million Liquidation Looms\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c\",\"name\":\"Ronaldo Marquez\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g\",\"caption\":\"Ronaldo Marquez\"},\"description\":\"Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have granted him a unique perspective on the industry. One of Ronaldo's defining areas of expertise lies in technical analysis. He firmly believes that studying charts and deciphering price movements provides valuable insights into the market. Ronaldo recognizes that patterns exist within the chaos of crypto charts, and by utilizing technical analysis tools and indicators, he can unlock hidden opportunities and make informed investment decisions. His dedication to mastering this analytical approach has allowed him to navigate the volatile crypto market with confidence and precision. Ronaldo's commitment to his craft goes beyond personal gain. He is passionate about sharing his knowledge and insights with others, empowering them to make well-informed decisions in the crypto space. Ronaldo's writing is a testament to his dedication, providing readers with meaningful analysis and up-to-date news. He strives to offer a comprehensive understanding of the crypto industry, helping readers navigate its complexities and seize opportunities. Outside of the crypto realm, Ronaldo enjoys indulging in other passions. As an avid sports fan, he finds joy in watching exhilarating sporting events, witnessing the triumphs and challenges of athletes pushing their limits. Furthermore, His passion for languages extends beyond mere communication; he aspires to master German, French, Italian, and Portuguese, in addition to his native Spanish. Recognizing the value of linguistic proficiency, Ronaldo aims to enhance his work prospects, personal relationships, and overall growth. However, Ronaldo's aspirations extend far beyond language acquisition. He believes that the future of the crypto industry holds immense potential as a groundbreaking force in history. With unwavering conviction, he envisions a world where cryptocurrencies unlock financial freedom for all and become catalysts for societal development and growth. Ronaldo is determined to prepare himself for this transformative era, ensuring he is well-equipped to navigate the crypto landscape. Ronaldo also recognizes the importance of maintaining a healthy body and mind, regularly hitting the gym to stay physically fit. He immerses himself in books and podcasts that inspire him to become the best version of himself, constantly seeking new ways to expand his horizons and knowledge. With a genuine desire to become the best version of himself, Ronaldo is committed to continuous improvement. He sets personal goals, embraces challenges, and seeks opportunities for growth and self-reflection. Ultimately, combining his passion for cryptocurrencies, dedication to learning, and commitment to personal development, Ronaldo aims to go hand-in-hand with the exciting new era that the emerging crypto technology is bringing to the world and societies.\",\"sameAs\":[\"https:\/\/instagram.com\/itsmarquez_fr?igshid=ZDdkNTZiNTM=\",\"https:\/\/x.com\/Rmmcapital\"],\"url\":\"https:\/\/wncen.com\/author\/ronaldomarquez\/\"}]}<\/script>\n","yoast_head_json":{"title":"Binance Coin (BNB) At Risk: $200 Million Liquidation Looms","description":"BNB has been one of the top-performing cryptocurrencies in recent years, with its value rising significantly since its launch in 2017.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/binance-coin-bnb-at-risk-200-million-liquidation-looms\/","og_locale":"en_US","og_type":"article","og_title":"Binance Coin (BNB) At Risk: $200 Million Liquidation Looms","og_description":"BNB has been one of the top-performing cryptocurrencies in recent years, with its value rising significantly since its launch in 2017.","og_url":"https:\/\/wncen.com\/news\/binance-coin-bnb-at-risk-200-million-liquidation-looms\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2023-06-08T02:00:45+00:00","article_modified_time":"2024-06-11T14:37:24+00:00","og_image":[{"width":2400,"height":1600,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/06\/bernd-dittrich-DT71hAJoIJM-unsplash.jpg?fit=2400%2C1600","type":"image\/jpeg"}],"author":"Ronaldo Marquez","twitter_card":"summary_large_image","twitter_creator":"@Rmmcapital","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Ronaldo Marquez","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/binance-coin-bnb-at-risk-200-million-liquidation-looms\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/binance-coin-bnb-at-risk-200-million-liquidation-looms\/"},"author":{"name":"Ronaldo Marquez","@id":"https:\/\/wncen.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c"},"headline":"Binance Coin (BNB) At Risk: $200 Million Liquidation Looms","datePublished":"2023-06-08T02:00:45+00:00","dateModified":"2024-06-11T14:37:24+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/binance-coin-bnb-at-risk-200-million-liquidation-looms\/"},"wordCount":549,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/binance-coin-bnb-at-risk-200-million-liquidation-looms\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/06\/bernd-dittrich-DT71hAJoIJM-unsplash.jpg?fit=2400%2C1600","keywords":["Binance","Binance Coin (BNB)","bnbusdt","crypto","cryptocurrency"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/binance-coin-bnb-at-risk-200-million-liquidation-looms\/","url":"https:\/\/wncen.com\/news\/binance-coin-bnb-at-risk-200-million-liquidation-looms\/","name":"Binance Coin (BNB) At Risk: $200 Million Liquidation Looms","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/binance-coin-bnb-at-risk-200-million-liquidation-looms\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/binance-coin-bnb-at-risk-200-million-liquidation-looms\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/06\/bernd-dittrich-DT71hAJoIJM-unsplash.jpg?fit=2400%2C1600","datePublished":"2023-06-08T02:00:45+00:00","dateModified":"2024-06-11T14:37:24+00:00","description":"BNB has been one of the top-performing cryptocurrencies in recent years, with its value rising significantly since its launch in 2017.","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/binance-coin-bnb-at-risk-200-million-liquidation-looms\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/binance-coin-bnb-at-risk-200-million-liquidation-looms\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/binance-coin-bnb-at-risk-200-million-liquidation-looms\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/06\/bernd-dittrich-DT71hAJoIJM-unsplash.jpg?fit=2400%2C1600","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/06\/bernd-dittrich-DT71hAJoIJM-unsplash.jpg?fit=2400%2C1600","width":2400,"height":1600,"caption":"BNB"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/binance-coin-bnb-at-risk-200-million-liquidation-looms\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Binance Coin (BNB) At Risk: $200 Million Liquidation Looms"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c","name":"Ronaldo Marquez","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g","caption":"Ronaldo Marquez"},"description":"Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have granted him a unique perspective on the industry. One of Ronaldo's defining areas of expertise lies in technical analysis. He firmly believes that studying charts and deciphering price movements provides valuable insights into the market. Ronaldo recognizes that patterns exist within the chaos of crypto charts, and by utilizing technical analysis tools and indicators, he can unlock hidden opportunities and make informed investment decisions. His dedication to mastering this analytical approach has allowed him to navigate the volatile crypto market with confidence and precision. Ronaldo's commitment to his craft goes beyond personal gain. He is passionate about sharing his knowledge and insights with others, empowering them to make well-informed decisions in the crypto space. Ronaldo's writing is a testament to his dedication, providing readers with meaningful analysis and up-to-date news. He strives to offer a comprehensive understanding of the crypto industry, helping readers navigate its complexities and seize opportunities. Outside of the crypto realm, Ronaldo enjoys indulging in other passions. As an avid sports fan, he finds joy in watching exhilarating sporting events, witnessing the triumphs and challenges of athletes pushing their limits. Furthermore, His passion for languages extends beyond mere communication; he aspires to master German, French, Italian, and Portuguese, in addition to his native Spanish. Recognizing the value of linguistic proficiency, Ronaldo aims to enhance his work prospects, personal relationships, and overall growth. However, Ronaldo's aspirations extend far beyond language acquisition. He believes that the future of the crypto industry holds immense potential as a groundbreaking force in history. With unwavering conviction, he envisions a world where cryptocurrencies unlock financial freedom for all and become catalysts for societal development and growth. Ronaldo is determined to prepare himself for this transformative era, ensuring he is well-equipped to navigate the crypto landscape. Ronaldo also recognizes the importance of maintaining a healthy body and mind, regularly hitting the gym to stay physically fit. He immerses himself in books and podcasts that inspire him to become the best version of himself, constantly seeking new ways to expand his horizons and knowledge. With a genuine desire to become the best version of himself, Ronaldo is committed to continuous improvement. He sets personal goals, embraces challenges, and seeks opportunities for growth and self-reflection. Ultimately, combining his passion for cryptocurrencies, dedication to learning, and commitment to personal development, Ronaldo aims to go hand-in-hand with the exciting new era that the emerging crypto technology is bringing to the world and societies.","sameAs":["https:\/\/instagram.com\/itsmarquez_fr?igshid=ZDdkNTZiNTM=","https:\/\/x.com\/Rmmcapital"],"url":"https:\/\/wncen.com\/author\/ronaldomarquez\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Binance Coin (BNB) At Risk: $200 Million Liquidation Looms","url":"http:\/\/wncen.com\/news\/binance-coin-bnb-at-risk-200-million-liquidation-looms\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/binance-coin-bnb-at-risk-200-million-liquidation-looms\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/06\/bernd-dittrich-DT71hAJoIJM-unsplash.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/06\/bernd-dittrich-DT71hAJoIJM-unsplash.jpg?fit=2400%2C1600"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Ronaldo Marquez"}],"creator":["Ronaldo Marquez"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["binance","binance coin (bnb)","bnbusdt","crypto","cryptocurrency"],"dateCreated":"2023-06-08T02:00:45Z","datePublished":"2023-06-08T02:00:45Z","dateModified":"2024-06-11T14:37:24Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Binance Coin (BNB) At Risk: $200 Million Liquidation Looms\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/binance-coin-bnb-at-risk-200-million-liquidation-looms\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/binance-coin-bnb-at-risk-200-million-liquidation-looms\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/06\\\/bernd-dittrich-DT71hAJoIJM-unsplash.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/06\\\/bernd-dittrich-DT71hAJoIJM-unsplash.jpg?fit=2400%2C1600\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Ronaldo Marquez\"}],\"creator\":[\"Ronaldo Marquez\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"binance\",\"binance coin (bnb)\",\"bnbusdt\",\"crypto\",\"cryptocurrency\"],\"dateCreated\":\"2023-06-08T02:00:45Z\",\"datePublished\":\"2023-06-08T02:00:45Z\",\"dateModified\":\"2024-06-11T14:37:24Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/06\/bernd-dittrich-DT71hAJoIJM-unsplash.jpg?fit=2400%2C1600","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/536946"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/589"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=536946"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/536946\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/536947"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=536946"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=536946"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=536946"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}