Massive BNB Selling Amid Binance FUD, Where Is It Heading?

Binance BNB Coin News: Following the recent drop in BNB coin price, there is an increased sense of short selling in the community. The recent news of auditing firm Mazars cutting ties with the crypto exchange appears to have a prolonged bearing on the BNB price. Meanwhile, the overall sentiment in the crypto market continues to be bearish following the Fed’s indication of a continued rate hike in 2023. In this context, the Binance BNB short selling activity seems to have picked up in recent days.