Binance coin (BNB) rebounded after a bearish weekend, driven primarily by retail investors while whales remained sidelined. However, recent data suggests a short-lived bounceback with BNB retracing sharply. Large order book data indicates whales are buying back, though their demand remains low and subject to change. 41 million in net spot outflows and sharp funding rate spikes highlight waning bearish sentiment. However, the introduction of a $3.8 billion money market fund on the BNB Chain by CMB International, a major Chinese bank, signals potential for future growth. Despite the recent decline, this development could boost institutional interest, but market sentiment remains uncertain due to Binance’s recent controversies. The future of BNB coin hinges on balancing whale activity, sustained demand, and Binance’s ability to address past accusations.