Benzinga - Binance CEO Changpeng Zhao, popularly known as "CZ' on Tuesday pushed back against speculations that the world's largest cryptocurrency exchange sold its Bitcoin (CRYPTO: BTC) holdings.
What Happened: In a tweet on Tuesday, Zhao refuted the claims, stating that “Binance have not sold BTC or BNB.”
He added that the idea that millions of traders could be accurately identified as sellers by merely looking at a price chart was unfounded fear, uncertainty, and doubt (FUD) fueled mongering — or as Zhao points out as ‘4'.
4. Binance have not sold BTC or BNB. We even still have a bag of FTT.It is amazing they can know exactly who sold based on just a price chart involving millions of traders. FUD.