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


by Ikemefula Aruogu
for CoinEdition
Changpeng Zhao Says Binance Will Not Conduct Major Sell-Offs Amid Market FUD

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AI Overview

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.

Bearish
  • 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.

Read the article at CoinEdition

In This News

Coins

$ 851.05

+0.30%

$ 0.00...115

+11.4%

Funds

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In This News

Coins

$ 851.05

+0.30%

$ 0.00...115

+11.4%

Funds

Share:

Read More

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


by Ikemefula Aruogu
for CoinEdition
Changpeng Zhao Says Binance Will Not Conduct Major Sell-Offs Amid Market FUD

Share:

AI Overview

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.

Bearish
  • 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.

Read the article at CoinEdition

In This News

Coins

$ 851.05

+0.30%

$ 0.00...115

+11.4%

Funds

Share:

In This News

Coins

$ 851.05

+0.30%

$ 0.00...115

+11.4%

Funds

Share:

Read More

The Binance Playbook: Why Crypto Twitter Hates the Biggest Exchange?

The Binance Playbook: Why Crypto Twitter Hates the Biggest Exchange?

In Brief Crypto Twitter has revived scam and manipulation claims against Binance, ty...
Binance Targets Full GoFi Repayment in 2026 While Seeking Top Spot in Korean Market

Binance Targets Full GoFi Repayment in 2026 While Seeking Top Spot in Korean Market

Binance Head of APAC SB Seker stated the cryptocurrency exchange will attempt to comp...