Binance’s CZ Calls Out Weak-Handed Traders During Bitcoin’s Volatile Swing

Binance co-founder Changpeng "CZ" Zhao recently criticized traders who panicked and sold during Bitcoin's sharp price fluctuations. Over the weekend, Bitcoin briefly dipped below $100,000 before rebounding 8% to $106,000, testing the resolve of investors. Zhao took to Twitter on June 24, stating, "If you sold the dip, you follow weak minds," emphasizing that market psychology is heavily influenced by the quality of information one consumes. His remarks highlight the divide between short-term traders and long-term believers in cryptocurrency's resilience. As Bitcoin continues its volatile trajectory, Zhao’s comments serve as a reminder of the importance of conviction and informed decision-making in the crypto markets.

Binance’s CZ Critiques Weak-Handed Traders Amid Bitcoin Volatility

Binance co-founder Changpeng "CZ" Zhao has issued a blunt assessment of traders who capitulated during Bitcoin's recent downturn. The cryptocurrency plunged below $100,000 over the weekend before rebounding 8% to $106,000, creating a litmus test for investor conviction.

"If you sold the dip, you follow weak minds," Zhao tweeted on June 24, framing market psychology as a function of one's informational diet. His comments spotlight the divide between panic sellers and accumulation strategies during geopolitical tensions.

The Binance CEO has increasingly positioned himself as a voice of stability during market turbulence. His latest remarks reinforce a core crypto tenet: price dislocations separate disciplined holders from reactive traders. Bitcoin's volatility continues serving as a proving ground for investor mettle.

The Crypto Bull is Charging: Crypto Market’s Explosive Potential

Bitcoin's price stability above $107,800 has drawn significant attention, despite temporary fluctuations triggered by political commentary. Market sentiment quickly stabilized following reassurances of an impending agreement, reinforcing confidence in BTC's trajectory.

Binance data now signals the early stages of a bull run, with exchange reserves dwindling as institutional players like BlackRock aggressively accumulate Bitcoin. This institutional demand, coupled with long-term holder accumulation, is rapidly shrinking available supply.

Projections suggest 13 million BTC could become effectively illiquid by 2030 due to lost coins, dormant wallets, and institutional custody. MicroStrategy's 600,000 BTC holdings and daily ETF inflows exceeding $500 million underscore this accelerating institutional adoption.

Bitcoin Rebounds Past $107K as Altcoins Stumble

Cryptocurrency markets surged back to a $3.29 trillion valuation after geopolitical tensions briefly suppressed prices. bitcoin led the charge, climbing 7% to $107,313 with trading volumes exceeding $50 billion, while altcoins showed signs of exhaustion following yesterday's rally.

The recovery came at a cost—$215 million in liquidations hit 81,815 traders within 24 hours. Binance saw the single largest liquidation: a $2.65 million BTC-USDC position unwound violently as volatility spiked.

Ethereum slipped 1.5% alongside peers XRP and Solana, with memecoins underperforming notably. Bitcoin's dominance now stands at 65%, its highest level since April, as capital rotates decisively toward the market leader.