BNB Crypto Hits Resistance at $620 Amid 75% Trading Volume Surge

BNB crypto has stalled below $620, and its bulls are looking to break through to the $666 level.

In a recent development, Lookonchain posted on X that two newly created wallets withdrew 20,007 BNB, worth $12.1 million, on Monday, August 17.

The daily trading volume of BNB crypto has spiked by 75% at the time of writing, according to CoinMarketCap data.

The price action on the 1-day chart was bearish, with a drop from $745 to $537 in June representing a continuation of the trend since November 2025. At the time of writing, the bounce beyond $600 has been halted at $617.

Traders are advised to watch the lower timeframe price action, as the 4-hour structure has flipped bullishly in recent weeks.