CZ Debunks ‘4 Funny FUDs’ As Rumors Swirl Around Binance

Changpeng Zhao has debunked 4 narratives which have been circulating on social media throughout the crypto group in latest days, starting from a fabricated Polymarket screenshot to claims about Binance “dumping” Bitcoin. He argues that merchants have been stitching collectively on-chain observations and clipped quotes into conclusions that weren’t supported by the underlying details.

Former Binance CEO Debunks “FUD”

The first rumor centered on a picture framed as a Polymarket market exhibiting odds, circulated by a number of accounts, as high as “79%” that somebody would toss stuff at Zhao’s face at a crypto occasion in 2026, supposedly backed by greater than $7 million in quantity.

Zhao said the market was fictional, writing: “That occasion does NOT exist on Polymarket. There is not any $7m quantity. If it did, I’d be the primary one to throw a cake in my very own face.”

Polymarket’s personal “CZ predictions & odds” touchdown web page lists varied markets traditionally tied to Zhao, similar to questions on his function at Binance, authorized outcomes, and different “point out markets”, however no market matching the viral “toss stuff” immediate appeared there.

A second declare: “CZ cancelled the supercycle” seems to have grown out of Zhao’s feedback in a Jan. 30 AMA recap posted on Binance Square, the place he described himself as “a bit much less assured” a couple of Bitcoin supercycle than earlier than, whereas nonetheless pointing to longer-term upside.

Zhao rejected the concept that a change in his confidence equated to calling off a market regime shift. “Oh, if I had that energy, I wouldn’t be on CT with you numerous. I’d be snapping my fingers all day lengthy.”

The third rumor alleged Binance offered $1 billion of Bitcoin over the previous weekend when the market noticed a extreme drawdown. Zhao’s rebuttal drew a pointy line between user flow and company exercise: he mentioned it was “Binance customers” promoting on the venue, not Binance itself as principal.

The distinction issues as a result of centralized-exchange buying and selling is essentially inside ledger motion; a burst of promoting strain can happen and not using a corresponding on-chain “Binance offered” footprint. Zhao added that Binance’s pockets balances “solely change when customers withdrawal,” arguing that observers have been treating exchange-labeled addresses like a stay P&L feed.

The fourth thread questioned Binance’s execution of its plan to transform the roughly $1 billion SAFU fund from stablecoins into Bitcoin over 30 days, after some customers mentioned they couldn’t “see” shopping for or on-chain motion.

Binance has mentioned it intends to finish the conversion inside 30 days and to high the fund again as much as $1 billion if market strikes push it beneath $800 million.

Zhao countered: “I’m guessing their authentic plan was to purchase it over 30 days and transfer the funds to the tackle close to the top of the 30 days, or as soon as per week or one thing. You received’t see them shopping for utilizing a DEX. Binance is a CEX with the very best liquidity on the planet.”

Moreover, CZ dispelled speculations that the choice may have a big affect on the Bitcoin value. “Also, you assume $1b over 30 days goes to make a distinction for BTC’s $1.7 trillion market cap? That’s 1/1700/30 = … anyway, you do the maths. It’s a gesture. Will it assist with confidence, your name,” he wrote.

At press time, BNB traded at $767.23.