Binance insider trading is very prevalent, and the current frantic selling is definitely due to internal news.
LIVE
虾币币的比特世界
--
The reason for BNB's slight drop yesterday has been identified; there are rumors in the market that CZ may sell Binance. First, regardless of the truth and source of the news, let's think logically: assuming it is true, the institution that takes over is likely to be a top financial institution in the United States, and only these Wall Street giants have the strength to take over. So, as the main asset held by Binance is BNB, after being taken over by Wall Street, would they allow their own assets to depreciate? Shouldn't they be looking for ways to increase the value of their assets instead? Therefore, whether or not they sell shares, it really cannot be connected to the drop in BNB.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.