"I never trade contracts!" OKX CEO's shocking statement, users collectively explode: Where does the platform's transaction fee come from?

OKX CEO Jay Hao made a startling statement during a recent AMA: "I personally never touch contract trading!" This big shot who runs a top global derivatives exchange surprisingly revealed that he stays away from leverage and perpetual contracts, which directly caused the live chat to explode.

As the head of an exchange with a daily trading volume of hundreds of billions, Jay rarely complains about the current chaos in the cryptocurrency world: "Currently, 99% of users are gambling, it’s not investing at all." Even more explosive is his revelation that he "rarely operates in spot trading," with his main asset allocation surprisingly being "traditional stocks and bonds!"

This statement immediately triggered a massive earthquake in the crypto world, with netizens frantically mocking:

"The one running the casino says he doesn’t gamble?"

"Then where does your contract transaction fee of tens of billions of dollars a year come from?"

"Got it, meaning only the retail investors play contracts."

However, insiders revealed that Jay's statement actually hides a mystery—within 24 hours of his speech, on-chain data from OKX showed a mysterious whale address heavily accumulating BTC spot, could it be...?

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