Binance founder Changpeng Zhao (CZ) spoke out after new rumors accused him and Binance of heavy token selling. In a post on X, CZ said the claims are false. He Binance founder Changpeng Zhao (CZ) spoke out after new rumors accused him and Binance of heavy token selling. In a post on X, CZ said the claims are false. He

CZ Denies Binance Selling and Says FUD Hurts Crypto Markets

3 min read

Binance founder Changpeng Zhao (CZ) spoke out after new rumors accused him and Binance of heavy token selling. In a post on X, CZ said the claims are false. He argued that fear, uncertainty and doubt don’t hurt him. Instead, they hurt the whole crypto market. 

He wrote that his followers even increased during the latest wave of FUD. CZ said the real damage comes from panic. When people believe false stories, they sell quickly. This weakens prices and confidence. He urged users to stop spreading fear and focus on facts.

CZ Explains His Own Selling

CZ directly addressed claims that he is dumping tokens. He said his personal selling is tiny. He used a simple example. When he buys coffee, he may convert about five dollars’ worth of BNB. That is all. He also reminded users that he no longer runs Binance. 

He stepped down from daily control earlier. Still, he said he understands how the company works from his time there. He made it clear that he does not move large amounts of tokens. His message was simple. He doesn’t sell in any meaningful way. The stories about large personal selling are not true.

Binance Remains a Net Holder

CZ also talked about Binance’s treasury behavior. He said the exchange only converts a small part of its revenue to pay for expenses. This includes staff, servers and operations. The rest stays in reserves. Binance’s founder described it as a large net holder, not a large seller. This means the company keeps more crypto than it sells.

Changpeng Zhao added that Binance now works under a global regulator. This regulator can review every trade and every account. According to him, this adds transparency. It also makes secret selling very hard to hide. This point aimed to calm users who fear hidden activity on the platform.

FUD Hurts the Market, Not the Target

CZ said FUD doesn’t hurt the target person. It hurts everyone else. He explained that rumors lead to panic selling. That lowers prices and reduces trust. He also said the latest rumors helped him gain more followers. This showed, in his view, that the noise did not harm him directly.

Community replies showed mixed reactions. Many users supported CZ and said long term builders don’t dump their tokens. Others blamed market losses on general fear and meme coin crashes. Some critics still questioned the power of big exchanges. Still, most replies focused on one issue. Fear spreads fast in crypto and once it spreads, it is hard to stop.

CZ’s Closing Message

Changpeng Zhao ended his post with advice. He told users not to be misinformed. Binance’s founder asked them to use their energy on positive improvement. He said building skills and knowledge matters more than chasing rumors. His message fits a wider theme in 2026. Markets remain sensitive, regulation is growing and trust matters more than hype. Currently, CZ’s stance is clear. He denies selling pressure from himself or Binance. He says FUD hurts the market more than any individual ever could.

The post CZ Denies Binance Selling and Says FUD Hurts Crypto Markets appeared first on Coinfomania.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Tags:

You May Also Like

Tropical Storm Basyang expected to drench Caraga, Northern Mindanao

Tropical Storm Basyang expected to drench Caraga, Northern Mindanao

Moderate to torrential rain from Tropical Storm Basyang (Penha) is expected to cause floods and landslides, with Caraga and Northern Mindanao likely to see the
Share
Rappler2026/02/05 12:40
Hoskinson to Attend Senate Roundtable on Crypto Regulation

Hoskinson to Attend Senate Roundtable on Crypto Regulation

The post Hoskinson to Attend Senate Roundtable on Crypto Regulation appeared on BitcoinEthereumNews.com. Hoskinson confirmed for Senate roundtable on U.S. crypto regulation and market structure. Key topics include SEC vs CFTC oversight split, DeFi regulation, and securities rules. Critics call the roundtable slow, citing Trump’s 2025 executive order as faster. Cardano founder Charles Hoskinson has confirmed that he will attend the Senate Banking Committee roundtable on crypto market structure legislation.  Hoskinson left a hint about his attendance on X while highlighting Journalist Eleanor Terrett’s latest post about the event. Crypto insiders will meet with government officials Terrett shared information gathered from some invitees to the event, noting that a group of leaders from several major cryptocurrency establishments would attend the event. According to Terrett, the group will meet with the Senate Banking Committee leadership in a roundtable to continue talks on market structure regulation. Meanwhile, Terrett noted that the meeting will be held on Thursday, September 18, following an industry review of the committee’s latest approach to distinguishing securities from commodities, DeFi treatment, and other key issues, which has lasted over one week.  Related: Senate Draft Bill Gains Experts’ Praise for Strongest Developer Protections in Crypto Law Notably, the upcoming roundtable between US legislators and crypto industry leaders is a continuation of the process of regularising cryptocurrency regulation in the United States. It is part of the Donald Trump administration’s efforts to provide clarity in the US cryptocurrency ecosystem, which many crypto supporters consider a necessity for the digital asset industry. Despite the ongoing process, some crypto users are unsatisfied with how the US government is handling the issue, particularly the level of bureaucracy involved in creating a lasting cryptocurrency regulatory framework. One such user criticized the process, describing it as a “masterclass in bureaucratic foot-dragging.” According to the critic, America is losing ground to nations already leading in blockchain innovation. He cited…
Share
BitcoinEthereumNews2025/09/18 06:37
Your money, your move: Engage in your financial future

Your money, your move: Engage in your financial future

Five platitudes you should never simply accept from your financial advisor. The post Your money, your move: Engage in your financial future appeared first on MoneySense
Share
Moneysense2026/02/05 12:00