Binance CEO CZ Responds to Allegations of Dumping BTC/BNB
CZ Response On Selling BTC In response to a tweet by Skew, CZ vehemently denied the claims of selling BTC. Through his official Twitter account, CZ (@ CZ _ Binance ) stated, advertisement “Binance has not sold BTC or BNB. We even still have a bag of FTT.” He further expressed astonishment at the notion that one can determine specific sellers based solely on a price chart involving millions of traders, dismissing it as FUD (Fear, Uncertainty, and Doubt). Skew claimed that BTC was being sold off for USDT reserves, which were then aggressively used to pump into BNB since May 27th. Additionally, BNB was allegedly sold off for BUSD to suppress volatility in BTC, and BUSD was further pumped into BTC to suppress downside volatility, allowing for BTC to be swapped out for USDT. Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List ...