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TRX $0.3389 +1.36%
DOGE $0.0896 -0.19%
ADA $0.2216 +1.20%
BCH $257.05 -1.29%
LINK $12.63 -0.84%
HYPE $84.44 -0.67%
AAVE $129.35 -1.85%
SUI $0.8117 -1.67%
XLM $0.1891 -0.47%
ZEC $1,161.45 +0.66%

Zhao Changpeng: It is unclear how the calculation of the UAE holding $40 billion worth of Bitcoin was derived, and the figure is higher than expected

2024-12-22 21:00:31

ChainCatcher news, Binance co-founder Zhao Changpeng previously retweeted a media report on the X platform stating that the UAE holds $40 billion worth of Bitcoin. Subsequently, some members of the community questioned this data, suggesting that the related report seemed like an AI-generated article. In response, Zhao Changpeng said, "I also want to know how they arrived at this exact number. The data collection is quite difficult and higher than I expected, but then again, there are many wealthy people there (in the UAE)."

CZ: Unsure how the $40 billion worth of Bitcoin held by the UAE was calculated, the number is higher than expected

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