Binance refuted on social networks claims that he unloads his holdings Ethereum (ETH) and Solana (soil).
On February 26, the Binance’s customer support team addressed speculation on X (formerly Twitter), declaring that the exchange does not engage in sales of large -scale tokens.
The company said it only works as a market that facilitates transactions, without control over user negotiation decisions, including those of market manufacturers.
The exchange explained that some market players move assets as part of their trading strategies, but that Binance does not engage in the spill of token.
Binance said:
“Binance has not” dropped “or” sold “large amounts of token because some tweets have misunderstood. As a scholarship, we simply help users to make businesses and we have no visibility on the decisions of our users, including market manufacturers who can move their assets according to their strategies. »»
Given this, Binance advised users to draw conclusions based on transaction screenshots. He stressed the importance of recognizing trading strategies that could be misinterpreted as market manipulation.
He concluded:
“Although the transparency of the blockchain is one of the best things about the crypto, it is important not to draw conclusions on the screenshots of the transactions. Learn to recognize Fud and we also encourage the community to find out more about what market manufacturers are doing. »»
Rumors
In the past few days, cryptographic influencers with great follow -ups, including Marty Party and Jacob King, allegedly alleged that Binance threw his Solana and Ethereum for various reasons.
During the period, the blockchain data D’Arkham Intelligence revealed that the company had carried out significant transactions of more than 100,000 soil ($ 16.32 million) and 25,000 ETH ($ 80 million) in Wintermute.
This has fueled the accusations that the stock market could be involved in manipulation of prices or the sale of assets to cover its regulation of $ 4.3 billion with the United States Ministry of Justice (DOJ).
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