CZ responds to FUD: Binance did not sell $1 billion worth of Bitcoin, the SAFU fund will gradually buy Bitcoin over the next 30 days

CZ issued a response stating that over the past two days, some rather imaginative FUD has been observed, and he clarified each point:

• Regarding a circulating Polymarket screenshot that asked, "Will someone throw something at CZ's face during the crypto event in 2026," CZ stated that this event does not exist on Polymarket or any prediction market, and there is no so-called $7 million trading volume; the related screenshot is fabricated.

• On the claim that "CZ canceled the super cycle," CZ bluntly said this is an overinterpretation. He only mentioned that he is "not as confident as before."

• Concerning the rumor that "Binance sold $1 billion in Bitcoin," CZ clarified that it was Binance users who sold, not Binance itself. Changes in Binance wallet balances typically occur only when users withdraw funds; many users still keep their assets on Binance as a wallet after trading.

• Additionally, in response to the doubts about the SAFU fund not buying BTC, CZ stated that Binance has clearly mentioned it will complete the conversion within 30 days, suggesting that Binance's initial plan might be to gradually complete the purchases within these 30 days; then, close to the end of the 30 days, or on a weekly basis, transfer the funds to the corresponding addresses. Of course, it is impossible to see them buying through DEX. Considering Bitcoin's market cap of about $1.7 trillion, the impact of buying $1 billion in Bitcoin in batches over 30 days on the Bitcoin price and whether it enhances market confidence is left for the market to judge.