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CZ Says Binance Did Not Sell Crypto, Bought During Market Drop

Summary by TokenPost
He listed five possible pressures on the market, including U.S. ETF outflows and economic uncertainty, and joked that his own purchases may have contributed to the decline.
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Bitcoin fell to $62,006 today, prompting Binance founder Changpeng Zhao (CZ) to comment on the sell-off in the cryptocurrency market. Referring to five possible factors ranging from Anthropic's IPO to the US midterm elections, CZ stated that Binance does not sell cryptocurrencies. Responding to a question about his own transactions, he said, "I didn't sell. I only bought, I made regular purchases every day." CZ added that he has acquired [...] i…

According to ChainCatcher, CZ stated that Binance has not sold any crypto assets; in fact, he recently purchased some. He listed several possible factors contributing to the market downturn, emphasizing that correlation does not equal causation.

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TokenPost broke the news on Sunday, November 15, 2026.
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