Crypto Ahmet
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Bullish
Binance co-founders CZ and Yi He deny rumors that the exchange is for sale, calling them competitor-driven FUD
#Binance co-founders CZ and Yi He deny rumors that the exchange is for sale, calling them competitor-driven FUD.
#YiHe suggests Binance is more focused on acquiring competitors rather than selling.
Binance attributes recent asset movements to internal treasury adjustments, not a potential sale.
Binance co-founders Changpeng Zhao (#CZBİNANCE ) and Yi He have denied rumors that the cryptocurrency exchange is up for sale.
On Feb. 17, CZ dismissed the speculation on X, attributing it to a competitor spreading fear, uncertainty, and doubt (FUD).
Yi He reinforced this stance, suggesting that Binance is more likely to acquire competitors than to sell itself.
The rumors emerged after notable asset movements on Feb. 11, when an X user highlighted a decline in Binance’s asset holdings, including Bitcoin.
This fueled speculation about the company’s financial health.
However, Binance refuted these claims, stating that the asset shifts were merely part of a routine treasury accounting adjustment.
The exchange maintains that it remains financially stable and is not considering a sale.
The statements from CZ and Yi He underscore Binance’s commitment to maintaining its market position amid ongoing industry speculation and competition.
#BNBChainMeme #BinanceAlphaAlert
#Binance co-founders CZ and Yi He deny rumors that the exchange is for sale, calling them competitor-driven FUD.
#YiHe suggests Binance is more focused on acquiring competitors rather than selling.
Binance attributes recent asset movements to internal treasury adjustments, not a potential sale.
Binance co-founders Changpeng Zhao (#CZBİNANCE ) and Yi He have denied rumors that the cryptocurrency exchange is up for sale.
On Feb. 17, CZ dismissed the speculation on X, attributing it to a competitor spreading fear, uncertainty, and doubt (FUD).
Yi He reinforced this stance, suggesting that Binance is more likely to acquire competitors than to sell itself.
The rumors emerged after notable asset movements on Feb. 11, when an X user highlighted a decline in Binance’s asset holdings, including Bitcoin.
This fueled speculation about the company’s financial health.
However, Binance refuted these claims, stating that the asset shifts were merely part of a routine treasury accounting adjustment.
The exchange maintains that it remains financially stable and is not considering a sale.
The statements from CZ and Yi He underscore Binance’s commitment to maintaining its market position amid ongoing industry speculation and competition.
#BNBChainMeme #BinanceAlphaAlert
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