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Binance founder announces purchase of ASTER "for holding, not trading"
The co-founder and former CEO of Binance, Changpeng Zhao (CZ), announced the purchase of ASTER through the Binance platform. CZ stated that the purchase "was not for trading but solely for holding".
Zhao explained in a tweet from his official account on platform X: "To clarify, I bought some ASTER with my own money through the Binance platform".
Yahoo Finance reported that within minutes of Changpeng Zhao's announcement about purchasing ASTER, the price of ASTER rose by about 30%, reaching its highest level in several weeks at $1.17. This represents a sharp turnaround in the token's value, which had declined by more than 38% over the past month.
Cryptocurrency analyst AB Kuai Dong noted that this is one of the rare instances where Zhao personally announced the purchase of a coin on-chain.
Source: Yahoo Finance + Changpeng Zhao's account on X
#Binance $BNB
{spot}(BNBUSDT)
The co-founder and former CEO of Binance, Changpeng Zhao (CZ), announced the purchase of ASTER through the Binance platform. CZ stated that the purchase "was not for trading but solely for holding".
Zhao explained in a tweet from his official account on platform X: "To clarify, I bought some ASTER with my own money through the Binance platform".
Yahoo Finance reported that within minutes of Changpeng Zhao's announcement about purchasing ASTER, the price of ASTER rose by about 30%, reaching its highest level in several weeks at $1.17. This represents a sharp turnaround in the token's value, which had declined by more than 38% over the past month.
Cryptocurrency analyst AB Kuai Dong noted that this is one of the rare instances where Zhao personally announced the purchase of a coin on-chain.
Source: Yahoo Finance + Changpeng Zhao's account on X
#Binance $BNB
{spot}(BNBUSDT)
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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