Changpeng Zhao Says Binance Will Not Conduct Major Sell-Offs Amid Market FUD

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Binance CEO CZ reassures users that the exchange will not significantly sell its BNB holdings despite current FUD (fear, uncertainty, doubt) impacting the market. He clarifies that BNB is only converted for minor expenses. The token faces selling pressure, which is causing concern among its holders.
- CZ says Binance is not planning to sell off its BNB holdings.
- Binance converts portions of its BNB revenue to settle expenses.
- BNB is under selling pressure, triggering FUD among holders.
Binance founder Changpeng Zhao has dismissed fears about the cryptocurrency exchange selling off “Meaningful Amounts” of its BNB holdings. In his latest post on X, Zhao acknowledged the current FUD surrounding the cryptocurrency market, but noted that it does not affect the ultimate target.
CZ and Binance Are Not Engaging in Unusual BNB Transactions
The forme…
Read The Full Article Changpeng Zhao Says Binance Will Not Conduct Major Sell-Offs Amid Market FUD On Coin Edition.
Changpeng Zhao Says Binance Will Not Conduct Major Sell-Offs Amid Market FUD

Share:
Binance CEO CZ reassures users that the exchange will not significantly sell its BNB holdings despite current FUD (fear, uncertainty, doubt) impacting the market. He clarifies that BNB is only converted for minor expenses. The token faces selling pressure, which is causing concern among its holders.
- CZ says Binance is not planning to sell off its BNB holdings.
- Binance converts portions of its BNB revenue to settle expenses.
- BNB is under selling pressure, triggering FUD among holders.
Binance founder Changpeng Zhao has dismissed fears about the cryptocurrency exchange selling off “Meaningful Amounts” of its BNB holdings. In his latest post on X, Zhao acknowledged the current FUD surrounding the cryptocurrency market, but noted that it does not affect the ultimate target.
CZ and Binance Are Not Engaging in Unusual BNB Transactions
The forme…
Read The Full Article Changpeng Zhao Says Binance Will Not Conduct Major Sell-Offs Amid Market FUD On Coin Edition.
BNB (@cz_binance) 



