en.bitcoinsistemi.com
Binance founder and former CEO Zhao Changpeng (CZ) stated in a statement on social media platform X that he never sold his $BNB assets.
Binance Founder Zhao Changpeng: “I Never Sold $BNB”
“I never sold $BNB; I only used it for spending,” Zhao said in his post. “Also, I bought all my $BNB with my own money in the early stages of the project; it wasn't given to me for free.”
This statement is a direct response to long-standing speculation surrounding Zhao's personal wealth and influence over $BNB. As the core token of the Binance ecosystem, $BNB is designed to provide discounts on transaction fees and be used in a variety of products.
Zhao's statement, “I never sold,” specifically denies the “insider selling” allegations frequently circulating in the market. The former Binance executive has similarly emphasized his long-term confidence in $BNB in the past, describing the token's role in the ecosystem as “the backbone of Binance.”
Zhao's statement comes amid a recent and steady rise in the $BNB price. Experts believe CZ's clear message could boost investor confidence and strengthen positive sentiment toward the $BNB ecosystem.
*This is not investment advice.