Cryptocurrency

Claims about Changpeng Zhao regarding ASTER have been denied.

Yatirimmasasi.com
31/10/2025 16:01
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In recent days, the claims, statements, and on-chain data regarding the sale of 35 million ASTER tokens by Changpeng Zhao (CZ) have been definitively debunked, becoming a major topic of discussion in the crypto community. Crypto investors were concerned about rumors circulating in the market regarding the former CEO of Binance, CZ, making a large token sale.

CZ categorically denied these claims in a post on X (formerly Twitter), using the phrase "fake news." Following this strong statement, the EmberCN analysis platform clarified the situation and announced that the transaction in question was not a token sale, but a routine transfer between Binance's own hot wallets. In other words, no sales transaction occurred that would cause panic in the crypto market.

Hot wallets are internet-connected wallets used by exchange users to manage deposits and withdrawals. Transfers made in this context do not represent individual sales, and therefore, they do not pose a danger to investors in terms of their consequences. With the verification of on-chain data, it was confirmed that the 35 million ASTER movement occurred between Binance's internal wallets. This situation once again highlighted the importance of accessing accurate data in the crypto world.

Thanks to CZ's responsible and swift response, this rumor did not have a lasting impact on the market. However, this incident also demonstrates the sensitivity to misinformation in the crypto market and how quickly such information can spread. Especially rumors surrounding influential figures like CZ can instantly circulate through social media, causing panic among investors. Experts emphasize that in such cases, investors should focus on official statements, on-chain data, and reliable sources.

In conclusion, the events surrounding CZ and the ASTER incident highlight the need for crypto investors to secure access to verifiable data. Investors can make healthier decisions by focusing on real data amidst such speculative news.

Bitcoin, Ethereum, altcoin, price analysis, crypto market, support resistance, BTC drop rise
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