![\"Binance](\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/02\/BNBUSDT_2026-02-03_11-45-55.png?resize=1024%2C499\")
<\/p>\n","protected":false},"excerpt":{"rendered":"Changpeng Zhao has debunked four narratives that have been circulating on social media within the crypto community in recent days, ranging from a fabricated Polymarket screenshot to claims about Binance \u201cdumping\u201d Bitcoin. He argues that traders were stitching together on-chain observations and clipped quotes into conclusions that weren\u2019t supported by the underlying facts.<\/p>\n
The first rumor centered on an image framed as a Polymarket market showing odds, circulated by several accounts, as high as \u201c79%\u201d that someone would throw something at Zhao\u2019s face at a crypto event in 2026, supposedly backed by more than $7 million in volume.<\/p>\n
Zhao Polymarket. There is no $7m volume. If it did, I would be the first one to throw a cake in my own face.\u201d<\/p>\n
Polymarket\u2019s own \u201cCZ predictions & odds\u201d landing page lists various markets historically tied to Zhao, such as questions about his role at Binance, legal outcomes, and other \u201cmention markets\u201d, but no market matching the viral \u201cthrow something\u201d prompt appeared there.<\/p>\n
A second claim: \u201cCZ cancelled the supercycle\u201d appears to have grown out of Zhao\u2019s comments in a Jan. 30 AMA recap posted on Binance Square, where he described himself as \u201ca bit less confident\u201d about a Bitcoin supercycle than before, while still pointing to longer-term upside.<\/p>\n
Zhao rejected the idea that a change in his confidence equated to calling off a market regime shift. \u201cOh, if I had that power, I wouldn’t be on CT with you a lot. I would be snapping my fingers all day long.\u201d<\/p>\n
The third rumor alleged Binance sold $1 billion of Bitcoin over the past weekend when the market saw a severe drawdown. Zhao\u2019s rebuttal drew a sharp line between user flow and corporate activity: he said it was \u201cBinance users\u201d selling on the venue, not Binance itself as principal.<\/p>\n
The distinction matters because centralized-exchange trading is largely internal ledger movement; a burst of selling pressure can occur without a corresponding on-chain \u201cBinance sold\u201d footprint. Zhao added that Binance\u2019s wallet balances \u201conly change when users withdrawal,\u201d arguing that observers were treating exchange-labeled addresses like a live P&L feed.<\/p>\n
The fourth thread questioned Binance\u2019s execution of its plan to convert the roughly $1 billion SAFU fund from stablecoins into Bitcoin over 30 days, after some users said they couldn\u2019t \u201csee\u201d buying or on-chain movement.<\/p>\n
Binance has said it intends to complete the conversion within 30 days and to top the fund back up to $1 billion if market moves push it below $800 million.<\/p>\n
Zhao countered: \u201cI am guessing their original plan was to buy it over 30 days and move the funds to the address near the end of the 30 days, or once a week or something. You won’t see them buying using a DEX. Binance is a CEX with the best liquidity in the world.\u201d<\/p>\n
Moreover, CZ dispelled speculations that the decision could have a significant impact on the Bitcoin price. \u201cAlso, you think $1b over 30 days is going to make a difference for BTC’s $1.7 trillion market cap? That’s 1\/1700\/30 = … anyway, you do the math. It’s a gesture. Will it help with confidence, your call,\u201d he wrote.<\/p>\n
At press time, BNB traded at $767.23.<\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
Changpeng Zhao has debunked four narratives that have been circulating on social media within the crypto community in recent days, ranging from a fabricated Polymarket screenshot to claims about Binance \u201cdumping\u201d Bitcoin. He argues that traders were stitching together on-chain observations and clipped quotes into conclusions that weren\u2019t supported by the underlying facts. Former Binance…<\/p>\n","protected":false},"author":1,"featured_media":9867,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1732],"tags":[526,2906,55,1809,43,1810],"class_list":["post-9866","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-binance","tag-binance","tag-binance-news","tag-bitcoin-news","tag-changpeng-zhao","tag-crypto-news","tag-cz"],"_links":{"self":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/9866","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/comments?post=9866"}],"version-history":[{"count":0,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/9866\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media\/9867"}],"wp:attachment":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media?parent=9866"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/categories?post=9866"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/tags?post=9866"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}