{"id":4381,"date":"2022-06-21T10:21:51","date_gmt":"2022-06-21T03:21:51","guid":{"rendered":"https:\/\/wikibinance.com\/?p=3982"},"modified":"2022-12-13T10:05:26","modified_gmt":"2022-12-13T03:05:26","slug":"changpeng-zhao-says-binance-didnt-buy-2-billion-bitcoin-dip","status":"publish","type":"post","link":"https:\/\/wikibinance.com\/en\/news\/changpeng-zhao-says-binance-didnt-buy-2-billion-bitcoin-dip.html","title":{"rendered":"Changpeng Zhao says Binance didn&#8217;t buy $2 billion bitcoin dip"},"content":{"rendered":"<p>This morning, CEO Changpeng Zhao said <a href=\"https:\/\/wikibinance.com\/en\/basic-binance\">Binance<\/a> did not buy Bitcoin worth $2 billion as the media reported over the weekend. At least two news sites have accused Binance of buying dips and raking in about 101,266 Bitcoins, citing movements to the Binance cold wallet. In response to the rumors, Changpeng Zhao confirmed: &#8220;<em>The report is incorrect. As Binance&#8217;s cold wallet balance increases, it means that more users send money to the floor. This journalist probably doesn&#8217;t understand the concept of cold wallets of exchanges<\/em>.&#8221; As of this morning, the bitcoin price <strong>recovered above $20,000<\/strong> after falling to a low near $17,500 on Sunday. Currently, the price is fluctuating in the high area of $19,000. <img decoding=\"async\" loading=\"lazy\" width=\"892\" height=\"517\" class=\"wp-image-4014\" src=\"https:\/\/wikibinance.com\/wp-content\/uploads\/2022\/06\/hWd7gVU3-min.png\" alt=\"Bitcoin price has recovered above $20,000 after falling to a low near $17,500\" \/> Bitcoin withdrawals on the Binance network were halted last week. Changpeng Zhao said a stuck trade caused a backlog, but the exchange resolved the issue within hours.<\/p>\n<blockquote><p>&gt;&gt;&gt; See also: <a href=\"https:\/\/wikibinance.com\/tin-tuc\/thi-truong-gau-khong-chiu-trach-nhiem-doi-voi-chuong-trinh-uom-tao-defi-cua-binance-labs.html\"><span style=\"color: #3366ff;\">The bear market does not affect Binance Labs&#8217; DeFI incubation program<\/span><\/a>.<\/p><\/blockquote>\n<p><span style=\"font-weight: 400;\">___<\/span> <span style=\"font-weight: 400;\">Telegram: <\/span><a href=\"https:\/\/t.me\/+XqnDmxy-bz0wMTE1\" rel=\"nofollow\" target=\"_blank\"><span style=\"font-weight: 400;\">https:\/\/t.me\/+XqnDmxy-bz0wMTE1<\/span><\/a> <span style=\"font-weight: 400;\">Group: <\/span><a href=\"https:\/\/www.facebook.com\/groups\/655607162536305\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\">https:\/\/www.facebook.com\/groups\/655607162536305<\/span><\/a> <span style=\"font-weight: 400;\">Fanpage: <\/span><a href=\"https:\/\/www.facebook.com\/WikiBinancecom\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\">https:\/\/www.facebook.com\/WikiBinancecom<\/span><\/a> <span style=\"font-weight: 400;\">Twitter: <\/span><a href=\"https:\/\/twitter.com\/wikibinancevn\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\">https:\/\/twitter.com\/wikibinancevn<\/span><\/a><\/p>\n\n\n<div class=\"kk-star-ratings kksr-auto kksr-align-center kksr-valign-bottom\"\n    data-payload=\"{&quot;align&quot;:&quot;center&quot;,&quot;id&quot;:&quot;4381&quot;,&quot;slug&quot;:&quot;default&quot;,&quot;valign&quot;:&quot;bottom&quot;,&quot;ignore&quot;:&quot;&quot;,&quot;reference&quot;:&quot;auto&quot;,&quot;class&quot;:&quot;&quot;,&quot;count&quot;:&quot;0&quot;,&quot;readonly&quot;:&quot;&quot;,&quot;score&quot;:&quot;0&quot;,&quot;best&quot;:&quot;5&quot;,&quot;gap&quot;:&quot;5&quot;,&quot;greet&quot;:&quot;Rate this post&quot;,&quot;legend&quot;:&quot;0\\\/5 - (0 votes)&quot;,&quot;size&quot;:&quot;24&quot;,&quot;width&quot;:&quot;0&quot;,&quot;_legend&quot;:&quot;{score}\\\/{best} - ({count} {votes})&quot;,&quot;font_factor&quot;:&quot;1.25&quot;}\">\n    \n<div class=\"kksr-stars\">\n    \n<div class=\"kksr-stars-inactive\">\n            <div class=\"kksr-star\" data-star=\"1\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"2\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"3\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"4\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"5\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n    <\/div>\n    \n<div class=\"kksr-stars-active\" style=\"width: 0px;\">\n            <div class=\"kksr-star\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n    <\/div>\n<\/div>\n    \n\n<div class=\"kksr-legend\" style=\"font-size: 19.2px;\">\n            <span class=\"kksr-muted\">Rate this post<\/span>\n    <\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>This morning, CEO Changpeng Zhao said Binance did not buy Bitcoin worth $2 billion as the media reported over the weekend. At least two news sites have accused Binance of buying dips and raking in about 101,266 Bitcoins, citing movements to the Binance cold wallet. In response to the rumors, Changpeng Zhao confirmed: &#8220;The report [&hellip;]<\/p>\n","protected":false},"author":16,"featured_media":8684,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[392],"tags":[1457,2516,1153],"_links":{"self":[{"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/posts\/4381"}],"collection":[{"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/comments?post=4381"}],"version-history":[{"count":2,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/posts\/4381\/revisions"}],"predecessor-version":[{"id":89297,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/posts\/4381\/revisions\/89297"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/media\/8684"}],"wp:attachment":[{"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/media?parent=4381"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/categories?post=4381"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/tags?post=4381"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}