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Bitcoin Hits $111K; CZ Has a Message for Early Sellers

Bitcoin recently passed $111,000, drawing attention across the crypto space. Former Binance CEO Changpeng Zhao (CZ) reacted to the surge by expressing sympathy for those who sold their Bitcoin below $77,000. His comments followed the price jump, which sparked fresh conversation within the community.

In Brief

CZ feels sorry for those who sold BTC at $77,000.

El Salvador’s Bitcoin holdings gained 132% unrealized profit.

Analysts forecast Bitcoin could surpass $250,000 by 2025.

Binance Founder Reflects on Missed Gains as Bitcoin Hits New High

Zhao, who is known for his long-term approach, said he feels bad for anyone who exited their Bitcoin positions before the $100,000 mark, especially those who sold around $77,000. He noted that traders should check the yearly chart once in a while, suggesting that short-term thinking often leads to regret — especially now that the likelihood of seeing $100,000 is fading.

His comments follow Bitcoin’s strong rally, which has pushed its market cap to $2.2 trillion, making it the fifth-largest asset in the world—surpassing Amazon.

Zhao has shared in the past that he entered the Bitcoin market when it was already trading around $600. Despite not being an early adopter, he has held firm to a strategy focused on long-term impact rather than short-term gains. He has also made it clear that he doesn’t chase new coins, choosing instead to hold BTC and BNB.