CZ’s Cryptic Tweet Sparks Bullish Momentum: Binance Founder’s ’Buy the Dip’ Comment Fuels Market Rally

Former Binance CEO Changpeng Zhao (CZ) ignited crypto market optimism with a cryptic tweet saying, "Hope you bought the dip," accompanied by a laughing emoji. This offhand remark has become a rallying cry for bullish traders as Bitcoin surged 8% to $94,760, with Ethereum and XRP following the upward trend. The global cryptocurrency market capitalization now nears $3 trillion, signaling a decisive shift in sentiment and renewed institutional confidence. CZ’s influence continues to shape market dynamics even after his departure from Binance, reinforcing his status as a key figure in the crypto space.

CZ’s ’Buy the Dip’ Remark Ignites Crypto Market Optimism

Former Binance CEO Changpeng Zhao’s cryptic tweet—"Hope you bought the dip"—has become a rallying cry for crypto bulls. The offhand comment, punctuated by a laughing emoji, arrives as Bitcoin surges 8% to $94,760, with Ethereum and XRP mirroring the upward trend.

Market sentiment appears to be pivoting decisively. The global cryptocurrency market capitalization now hovers near $3 trillion, signaling renewed institutional confidence. Zhao’s influence persists despite his departure from Binance, with his social media musings still capable of moving markets.

Vanishing $212M Bitcoin Order Sparks Market Chaos Amid Suspected Spoofing

A suspicious $212 million Bitcoin sell order vanished from Binance’s order book on April 14, triggering brief market turmoil. The 2,500 BTC order appeared at $85,600—2-3% above spot prices—before disappearing as prices approached the level, leaving traders scrambling in its wake.

The incident coincided with existing geopolitical pressures on Bitcoin’s price. Market data shows liquidity gaps emerged as bulls and bears clashed following the order’s removal—a pattern consistent with spoofing, an illegal practice involving fake large orders to manipulate prices.

Binance’s order book showed the phantom order for less than an hour before its disappearance. Analysts note such events test market resilience during periods of volatility, particularly when geopolitical tensions already weigh on trader sentiment.