Binance CEO Talks About Tesla’s Bitcoin Sale!

Tesla’s bitcoinAfter selling 75% of the products, the eyes were turned to the statements from the sector representatives.

Some investors think that the fate of the crypto money industry does not depend on Elon Musk, and think that this sales news should not make much sense.

A Twitter user also drew attention to this and used the following statements:

“I don’t know why there has been so much noise about Elon Musk’s Bitcoin sale. Judging by the reaction of some people, it seems as if the crypto market is completely dependent on Elon Musk. Really?”

Citing this post, Binance CEO Changpeng Zhao also stated that Tesla’s Bitcoin sale should not be attributed much meaning. Comparing Tesla’s $1 billion Bitcoin sale to a drop in the ocean, Cz said:

“Every day, 100 billion dollars of Bitcoin transactions are made. $1 billion in sales is a drop in the ocean.”

How Much Bitcoin Did Tesla Sold?

released yesterday Tesla According to its balance sheet, the company sold $963 million in Bitcoin in the second quarter at an average cost of $29,000.

It was also wondered whether the company, which liquidated 75% of its Bitcoins with these sales, would buy Bitcoin again in the future. The statement about this came from Tesla CEO Elon Musk. You can read the news below for Musk’s response.

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