The post CZ Debunks ‘4 Funny FUDs’ As Rumors Swirl Around Binance appeared on BitcoinEthereumNews.com.

Changpeng Zhao has debunked four narratives that have been circulating on social media within the crypto community in recent days, ranging from a fabricated Polymarket screenshot to claims about Binance “dumping” Bitcoin. He argues that traders were stitching together on-chain observations and clipped quotes into conclusions that weren’t supported by the underlying facts. Former Binance CEO Debunks “FUD” The first rumor centered on an image framed as a Polymarket market showing odds, circulated by several accounts, as high as “79%” that someone would throw something at Zhao’s face at a crypto event in 2026, supposedly backed by more than $7 million in volume. Zhao said the market was fictional, writing: “That event does NOT exist on Polymarket. There is no $7m volume. If it did, I would be the first one to throw a cake in my own face.” Polymarket’s own “CZ predictions & odds” landing page lists various markets historically tied to Zhao, such as questions about his role at Binance, legal outcomes, and other “mention markets”, but no market matching the viral “throw something” prompt appeared there. A second claim: “CZ cancelled the supercycle” appears to have grown out of Zhao’s comments in a Jan. 30 AMA recap posted on Binance Square, where he described himself as “a bit less confident” about a Bitcoin supercycle than before, while still pointing to longer-term upside. Zhao rejected the idea that a change in his confidence equated to calling off a market regime shift. “Oh, if I had that power, I wouldn’t be on CT with you a lot. I would be snapping my fingers all day long.” The third rumor alleged Binance sold $1 billion of Bitcoin over the past weekend when the market saw a severe drawdown. Zhao’s rebuttal drew a sharp line between user flow and corporate activity:…

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Filed under: News - @ February 4, 2026 1:24 am