Changpeng Zhao responded to the main FUD stories surrounding CZ and Binance in recent days:

✅ "CZ canceled the supercycle":

CZ only expressed reduced confidence in the supercycle; he did not state its end - this is just speculation from Twitter users.

✅ "Binance sold $1 billion in BTC":

Incorrect. It's Binance users, not the exchange, who sold BTC. Wallet balances fluctuate due to user withdrawals.

✅ "SAFU Fund isn't buying BTC":

Binance plans to convert $1 billion in stablecoins into BTC for the SAFU Fund within 30 days. This amount is more symbolic than a significant market influence.