In a most peculiar turn of events, Binance, that illustrious bastion of crypto trade, found itself amidst a tempest of community-driven withdrawal fervor. The co-founder, He Yi, with all the charm of a street vendor hawking dubious wares, proclaimed that these mass withdrawals were nothing less than an efficient stress test-ah, the irony!-during a momentary hiccup in their digital empire.
Lo and behold, the grandest crypto bazaar, famed for its bustling marketplace, witnessed an unexpected influx as users embarked on a quest to probe its hidden reserves. Binance, in a twist of fate, announced net deposits that danced mockingly against the anticipated tide of outflow. How delightful!
Our dear He Yi took to the ethereal realms of X, her fingers tapping away like a bored clerk. She acknowledged this withdrawal crusade, noting on her account, @heyibinance, that a few friends in the community had decided to shake things up. Despite the growing assets nestled within Binance’s addresses post-campaign, she opined-quite sagely, I must say-that a collective withdrawal initiative across all trading platforms could serve as a splendid stress test. Who knew finance could be so theatrical?
“Some friends in the community have initiated a withdrawal campaign. Although the number of assets in Binance addresses has increased after the campaign was launched, I believe that regularly initiating withdrawals from all trading platforms is a very effective stress test. I…”
– Yi He (@heyibinance)
Source: heyibinance
Platform Hiccup Fuels Withdrawal Wave
On a fateful Tuesday, Binance, in a fit of technological whimsy, halted withdrawals for a mere 20 minutes. Social media erupted in a cacophony of concern, the users fluttering about like moths to a flame, fearing for their precious solvency!
The company, ever the diligent steward, offered updates amidst their tribulations. “Fear not!” they seemed to declare, acknowledging the technical gremlins at play. The service was reinstated, but not without a nostalgic reminder of past exchanges gone awry-a dance down memory lane!
He Yi, in her infinite wisdom, advised caution in the art of fund transfer. With the gravitas of a sage, she warned on X that blockchain transactions are as immutable as a stubborn mule once validated. She suggested self-custody devices like Binance Wallet and Trust Wallet, or perhaps the more secure OneKey hardware wallets-an intriguing selection akin to choosing one’s armor in a battle!
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CZ Dismisses Bitcoin Dump Allegations
Changpeng Zhao, our valiant hero, swept in to dispel the fanciful notion that Binance had sold off its Bitcoin treasures. Responding rather flamboyantly to the allegations post-weekend price dip, he quipped on X that such claims were “pretty imaginative FUD.” Oh, what a delightful blend of creativity!
CZ: No One in the World Is Crazy Enough to Manipulate Bitcoin
On January 31, Binance’s esteemed founder, Changpeng Zhao, graced an AMA with his presence, declaring that the market’s October 10 calamity blossomed from a tariff announcement-not from any system error or devious price manipulation. “Neither I nor…” he insisted, adding a flair of drama.
– Wu Blockchain (@WuBlockchain)
Source: WuBlockchain
Zhao, with a smirk likely adorning his visage, asserted that he wouldn’t meddle in market cycles through public proclamations. “Why would I be here on Crypto Twitter with you folks if I wielded such power?” he retorted, eliciting chuckles from skeptics. Others, meanwhile, whispered that his comments served to douse bullish spirits as crypto prices took a nosedive.
According to the oracle known as CoinMarketCap, Binance boasts reserves of a staggering 155.64 billion. As January 2026 arrived, Binance stood proudly atop the exchange hierarchy, issuing transparency reports that answered the nagging questions of solvency. Yet, the market, ever capricious, remained a treacherous ocean of instability, with liquidity thinner than a beggar’s wallet, fueling the fires of speculation.
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2026-02-05 16:35