3 hours ago
Onchain analysts accidental the information amusement nary signs of situation astatine Binance, adjacent arsenic a question of online disapproval warns the speech could go the caller “FTX.”
Despite ongoing marketplace volatility and Bitcoin (BTC) concisely dipping beneath $74,000 connected Tuesday, Binance shows “no signs of stress,” according to the blockchain analytics institution CryptoQuant.
Source: CryptoQuant“Binance holds astir 659,000 BTC, virtually unchanged from 657,000 BTC astatine end-2025,” CryptoQuant said successful a connection shared with Cointelegraph connected Wednesday, highlighting “no worldly reserve erosion during the existent Bitcoin sell-off.”
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Is everyone abruptly deleting Binance accounts?
On Tuesday and Wednesday, a clump of likewise named X accounts began posting identical messages: “I decided to adjacent my Binance account.”
Several of the accounts, including Wei BNB (weinbnb), Hao BNB (bnbhao) and Wang BNB (wangbnbwhale), shared near-identical usernames, posted the aforesaid substance and utilized the aforesaid avatar imagery astatine the clip their posts went live.
Some of the accounts look coordinated oregon inauthentic, based connected naming patterns, posting behaviour and shared avatars, according to a Cointelegraph review.
Source: Wang BNB, Hao BNB, Wei BNBEarlier enactment connected the relationship suggests it was tally by a antithetic idiosyncratic earlier it began tweeting astir crypto astir August 2025.
Wei BNB’s posts successful February 2025. Source: Wei BNBBinance co-founder Changpeng Zhao responded to the concern connected X, calling the station an illustration of atrocious behaviour portion emphasizing that the level welcomes constructive feedback.
Others, including hardware wallet supplier Trezor, amplified the posts, highlighting the process of migrating funds from Binance to a hardware wallet.
Related: Binance buys dip with archetypal $100M Bitcoin acquisition from $1B SAFU fund
"At a infinitesimal erstwhile our manufacture should beryllium focused connected maturation and continuing to physique trust, the emergence of misinformation is simply a superior and escalating threat,” a spokesperson for Binance told Cointelegraph, adding:
“The easiness with which atrocious actors tin make oregon acquisition aggregate societal accounts to dispersed mendacious narratives cannot beryllium ignored.”Some criticisms against Binance travel from genuine X accounts
Not each criticisms against Binance travel from suspicious societal media users. The speech has been the halfway of contention arsenic of precocious arsenic respective crypto assemblage members, including OKX laminitis and CEO Star Xu, claimed that Binance played a large relation successful the mass liquidation lawsuit of Oct. 10, 2025.
The enforcement argued that the clang was driven by high-risk selling campaigns and excessive leverage, peculiarly involving Binance’s USDe promotion.
While the lawsuit exposed systemic vulnerabilities and caused wide losses, Xu emphasized that his extremity was not to delegate blasted but to item the request for liable practices, transparency and semipermanent spot successful crypto.
Cointelegraph approached “LeonidasNFT,” 1 of the astir progressive Binance critics connected X, but did not person a effect by the clip of publication.
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