Ah, dear reader, let us delve into the tumultuous world of cryptocurrency, where fortunes are made and lost in the blink of an eye, and where one Changpeng Zhao, erstwhile sovereign of the Binance empire, has taken it upon himself to declare, with a flourish of bravado, that he, yes he, did not partake in the selling of any crypto during the catastrophic plunge that befell the market this very Tuesday. A noble stance, one might say, or perhaps a mere illusion of virtue in a realm rife with avarice.
Earlier today, the leading cryptocurrency, that fickle mistress known as Bitcoin, plummeted to the disheartening depths of $86,141, a nadir not seen since the autumnal days of November. Yet, like a phoenix from the ashes, it has since clawed its way back, now trading at a somewhat less tragic $94,519. But lo! It remains a staggering 19.2% adrift from its lofty all-time high of $108,786, teetering precariously on the edge of bear market territory, as if it were a tightrope walker in a circus of despair. 🎪
As reported by the ever-watchful U.Today, our dear CZ, despite being ousted from his throne in late 2023, continues to wield considerable influence in the crypto community, much like a ghost haunting the halls of a once-great castle. He has also made it abundantly clear that he harbors no desire to acquire new cryptocurrencies, including those gaudy memecoins that dance like jesters in the court of digital currency. One must wonder, is this a sign of wisdom or merely a lack of taste? 🤔
His portfolio, a veritable treasure chest, is predominantly filled with the BNB token, while Bitcoin occupies but a meager corner, like a forgotten relic in a dusty attic. Ah, but Zhao, with a twinkle of foresight, reminisces about a prophetic tweet from the year 2020, wherein he foresaw the headlines of 2025, predicting a Bitcoin crash to $85,000 from a dizzying height of $101,000. A true oracle of our times, or perhaps just a lucky guess? 🧐
Now, with the audacity of a modern-day Cassandra, the former Binance CEO proclaims that Bitcoin shall inevitably crash from the lofty heights of $1 million. One can only imagine the headlines that will follow, a cacophony of despair echoing through the digital corridors of finance.
Waiting for the new #Bitcoin “CRASHES” from $1,001,000 to $985,000.
Save the tweet.
— CZ 🔶 BNB (@cz_binance) February 25, 2025
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2025-02-25 23:50