Statement from Binance CEO on Elon Musk’s Bitcoin (BTC) Sale: Camel ear

Leading names in the crypto community continue to comment on the Bitcoin sale of Tesla, the electric car manufacturer owned by Elon Musk. Finally, Binance CEO Changpeng Zhao (CZ) made statements about the sale.

electric car manufacturer Tesla shared yesterday by to the second quarter of 2022 in the financial report of the company Bitcoin sale of $ 936 million performed was included.

CEO Elon Muskof the company’s digital assets 75%In a statement on the earnings call following this sale, which corresponds to they sell Bitcoin to maximize their cash position due to uncertainty in current market conditions. and that they are open to increasing their Bitcoin assets again in the future. expressed.

a Twitter user Thursday, July 21 day on the subject in sharingWhy is Elon Musk’s Bitcoin sale causing such an event? questioned and that some people are reacting that the crypto market is only about Elon Musk. told.

rockybaba4uThe user named ” used the following statements in the post, in which he tagged the leading accounts of the crypto community:

I don’t know why there has been so much fuss about Elon Musk selling Bitcoin. The reaction of some people gives the impression that the crypto market is completely and solely dependent on Elon Musk. Is it Elon Musk?

Binance CEO who is among the people tagged CZ, to share in response Elon Musk’s salecamel ear” said that.

Bitcoin trades $100 billion every day. 1 billion dollar sales camel ear.

Founder of TRON (TRX) Justin Sun during the day Great news of Tesla’s Bitcoin sale said that for three reasons had listed.


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