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Binance founder says he has a history of buying crypto before a dip

November 04, 2025, 8:31 AM
Binance founder Changpeng Zhao stated that he has consistently seen prices fall after purchasing cryptocurrencies. He recalled buying Bitcoin (BTC) at an average of $600 in 2014, only to see it plummet to $200 within a month and continue a downtrend for 18 months. Similarly, after he purchased BNB in 2017, its value fell by 20% to 30% and did not recover for several weeks. Zhao said he does not know what the outcome will be this time, but confirmed he had added to his position yesterday while urging everyone to be mindful of the risks. He emphasized that he will no longer disclose his holdings in the future to avoid influencing the market. Zhao recently revealed that he had purchased ASTER and has never sold his BNB holdings.

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