Binance CEO Hits Back at Rumors of Exchange Selling Bitcoin For BNB Coin
Crypto traders on Twitter are citing data that suggests bitcoin has been traded to keep BNB afloat.
Binance CEO Changpeng "CZ" Zhao dispelled rumors that the world’s largest crypto exchange has been selling bitcoin (BTC) to keep the prices of bnb coin (BNB) from falling below certain levels.
“Binance have not sold BTC or BNB. We even still have a bag of FTT,” Zhao tweeted early on Wednesday, using his infamous “4” moniker. He suggested there could be short interest among Crypto Twitter members fueling the supposed rumors.
