BNB price slips below $850 on December 23, 2025 as selling pressure builds

On December 23, 2025, BNB traded near $851 after briefly dropping under $850, extending an 11% pullback from a December high above $920. The Binance ecosystem token has seen derivatives open interest drop from over $2.97 billion in October to $1.28 billion, while daily BNB Chain transactions have fallen nearly 47% from October peaks. Technical indicators such as MACD and RSI point to short‑term bearish control, with key support zones around $825 and potential downside targets at $738 and $647 if selling deepens.