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Binance Founder CZ Responds to Altcoin Rumors! Did He Really Sell $34 Million Worth of Altcoins?

By admin On Nov 4, 2025

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Changpeng Zhao, the founder of Binance, the world’s largest cryptocurrency exchange, continues to be talked about with his statements and transactions.

At this point, CZ is being talked about Aster (ASTER), the Hyperliquid rival he recently supported.

In this context, it was claimed today that CZ sold 35 million ASTERs worth $34 million.

However, CZ denied the claims that he had sold 35 million ASTERs, calling the rumors fake news.

Former Binance CEO CZ denied rumors that he sold 35 million ASTERs in a post on X.

Citing allegations that he was selling ASTER, CZ stated, “Fake news! Unfollow those who share fake news.”

Lookonchain, on the other hand, stated in its post that the $34 million worth of ASTER transfer took place between Binance hot wallets and had nothing to do with CZ’s wallet.

4. Fake news!

Unfollow the guys posting fake news. pic.twitter.com/Os8dF0dSjh

— CZ 🔶 BNB (@cz_binance) October 31, 2025

*This is not investment advice.

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