On September 25, BNB maintained a price near $775, even as a $351.6 million security breach at Bitget introduced fresh potential selling pressure while the cryptocurrency hovered below its recent peak of $800.
Bitget reported that unauthorized transfers impacting an estimated $351.6 million took place across certain hot wallets starting at 18:31 UTC on September 24. According to the exchange, the incident was restricted to parts of its hot and warm wallet infrastructure, while its cold wallets stayed safe and user losses found coverage through its $464 million protection fund.
At the time of writing, BNB traded near $775, showing little change over a 24-hour period and registering a roughly 2.5% gain across the prior seven days. The asset had advanced from under $750 on September 18 to surpass $800 on September 22 before retracing a portion of those gains.
Consequently, downward price movement had already begun prior to the Bitget incident. BNB dipped below $760 on September 24 before bouncing toward $780, where buyers have since encountered difficulty driving the value higher.
The security breach has generated uncertainty regarding potential token supply entering the open market. Because addresses holding the stolen funds have executed onchain swaps, market participants are closely monitoring for any additional movement of BNB controlled by the attacker.
Bitget clarified that the event did not involve a compromise of the BNB Chain itself, pointing instead to its own internal wallet architecture as the compromised system.
Price action following the breach has stayed confined between the September 24 low and the $780 zone, indicating that initial sell-offs have not broken BNB’s current support levels. However, if larger amounts of stolen BNB make their way to exchanges or decentralized markets, available supply could expand while the token trades below $800.
Conversely, underlying network activity offers some buffering. Total value locked on BNB Chain reached approximately $5.8 billion during the week concluding September 6, and decentralized exchange volume climbed to $9.21 billion.
Furthermore, BNB Smart Chain has functioned under the Pasteur upgrade since August 25. BNB Chain disclosed that BidBlock V2 generated about 98% of blocks over its most recent three-day observation window, producing 28% higher average gas per block than the older Bid V1 system.
Tokenized assets have likewise expanded across the network. OpenEden introduced its TBILL and HYBOND fixed income products to BNB Chain on September 17, and real-world asset value on the network grew from $509.72 million in September 2025 to roughly $5.69 billion this month, referencing figures cited by OpenEden from RWA.xyz.
Regulated US exposure to BNB has been available via VanEck’s BNB ETF since May. As of September 10, the fund held 3,496 BNB alongside $2.5 million in net assets, making its footprint modest relative to BNB’s broader market capitalization.
BNB price analysis
Despite the pullback from $800, BNB’s daily chart structure continues to hold above its primary moving averages.
Trading near $776, the token sits above the 20-day exponential moving average of $748.77, the 50-day EMA of $704.85, the 100-day EMA of $670.55, and the 200-day EMA of $669.58.
BNB/USDT 1-day price chart. Source: TradingView.
Having climbed past the longer-term averages, the 20-day EMA serves as the nearest dynamic support level. With price resting roughly $27 above it, the $748 to $750 zone acts as a critical downside threshold should the existing trading range fail.
A daily close beneath $748 would pressure the recent breakout structure and potentially expose subsequent support near $720. Should selling persist past that point, the 50-day EMA close to $705 represents the next likely target.
Concurrently, the Chaikin Money Flow indicator has softened, dropping from above 0.20 earlier in September down to approximately zero. This signals that the intense buying momentum that drove BNB toward $800 has largely dissipated. A drop below zero would signal that selling volume is beginning to eclipse buying volume, elevating the probability of a retest of the 20-day EMA.
The 4-hour chart illuminates why BNB has found it challenging to carve out a definitive direction around $775. The Directional Movement Index shows a +DI of 20.52 and a −DI of 18.76, granting buyers only a slender edge.
BNB/USDT 4-hour price chart. Source: TradingView.
Meanwhile, the ADX has declined to 18.75 after trading near 40 earlier in the month. A reading under 20 indicates weak trend strength, aligning with BNB’s sideways movement between roughly $760 and $800 during recent sessions.
For a bearish scenario to gain momentum, −DI must cross above +DI while the ADX climbs back through 20. A breakdown under $760 would then target the daily 20 EMA near $749, followed by $720 and $705.
Conversely, BNB encounters resistance between $780 and $800. A decisive, sustained break above $800 would clear September’s high and clear a path toward the $840 zone, where the asset traded prior to its sharp February sell-off.
Frequently Asked Questions
- How did the Bitget hack impact BNB’s price? BNB held near $775 despite the $351.6 million Bitget hot wallet breach, as initial selling pressure failed to break recent support levels.
- Was the BNB Chain compromised during the Bitget exploit? No, Bitget confirmed the incident was limited to its own hot and warm wallet infrastructure rather than the BNB Chain itself.
- What are the critical downside support levels for BNB? Key downside support levels include the 20-day EMA in the $748 to $750 range, followed by $720 and the 50-day EMA near $705.
- What resistance levels does BNB face on the upside? BNB faces immediate resistance between $780 and $800, with a sustained break above $800 opening the door toward the $840 region.
