Ah, dear reader, gather ’round! For in the wild world of cryptocurrency, a tempest brews, fueled by none other than the notorious Binance—a name that echoes like a specter in the hearts of traders! Rumors abound, claiming this modern-day dragon has been hoarding treasure yet conspicuously offloading it, particularly the shimmering Bitcoin and Ethereum jewels. This scandalous revelation first wafted upon the digital wind courtesy of a most curious market participant, AB Kuai.Dong (@_FORAB). What will he think of next? 🍿
Did Binance Unleash Chaos Upon the Market?
The crypto realm, my friends, has been anything but serene lately. Picture it: Bitcoin, the grandest of them all, plummeting like a clumsy pigeon to a paltry $92,000 on that fateful day of February 3rd. There was hope, a fleeting dream as it fluttered up to $98,000 on February 11, only to crash back down with all the grace of a sack of potatoes. Now, it lingers like a lost soul at around $95,000, contemplating its existence. 📉
Not to be outdone, the once-mighty Ethereum, on the same wretched day of Bitcoin’s misfortune, teetered below a meager $2,470, a mere shadow of its former glory. Oh, the irony! Can we blame our dear friend Binance for this pandemonium? AB Kuai.Dong suggests just that! He claims Binance’s crypto coffers have been shedding their jewels faster than a forgetful nobleman at a soirée.
The figures, oh dear lord! A staggering 94.1% drop in Binance’s Bitcoin haul and a mind-boggling 99.9% plummet for Ethereum! Imagine, if you will, the terror-stricken faces of Binance’s accountants! One can hardly bear it! Even BNB and Solana felt the sting of this unprecedented decline, alongside the notoriously ill-favored Tether USDT. Quite the conundrum, is it not? 💔
Many, like the astute AB Kuai.Dong, have noted that these liquidated assets were largely treasure amassed from Binance’s own adventures rather than mere peasant funds. And guess what—some of these erstwhile cryptocurrencies have now transformed into a cozy pile of USDC, swelling Binance’s coffers by a remarkable 57.5%!
Binance’s Denial: A Comedy of Errors
As news spread like wildfire amongst crypto enthusiasts, an uproar ensued! Traders, seeking answers to this sudden bout of market melancholia, turned to the grand oracle that is Binance! Would this mighty exchange, the titan of the crypto seas, face the music for such frivolous selling? Alas, Binance quickly waved it off as mere “internal accounting adjustments.” Oh, the audacity! Assurance flowed forth: no worry, dear users; your treasure is safe, secure, and snug as a bug in a rug within the warm embrace of Binance. 😅
As we pen this tale, Bitcoin, that restless spirit, is trading at $95,740—a limp 2.6% decline in the last day, while Ethereum trails with a sorrowful $2,600 at 4.2% off. One can only wonder which absurd plot twist awaits us next in this thrilling circus of crypto delights!
Read More
- Is Average Joe Canceled or Renewed for Season 2?
- Mindhunter Season 3 Gets Exciting Update, Could Return Differently Than Expected
- How to get all Archon Shards – Warframe
- A Supernatural Serial Killer Returns in Strange Harvest Trailer
- Bitcoin Price Climbs Back to $100K: Is This Just the Beginning?
- Rashmika Mandanna’s heart is filled with joy after Nagarjuna praises her performance in Kuberaa: ‘This is everything…’
- MobLand Season 2: Tom Hardy Show Gets Big Update, Paramount Gives Statement
- Tyler Perry Sued for $260 Million Over Sexual Assault Allegations by The Oval Actor
- ‘Tom Cruise Coconut Cake’ Trends as Fans Resurface His $130 Tradition
- Fitness Boxing 3: Your Personal Trainer review: No punch back
2025-02-12 22:17