Changpeng Zhao: I and Binance will not short, nor have we ever attempted to "drive down prices."

Techub News reports that Changpeng Zhao tweeted that as a shareholder, he hopes Binance's valuation will increase. However, the reality is that when cryptocurrency prices are low, Binance's valuation cannot rise. Crypto bear market = reduced trading volume; low cryptocurrency prices = low transaction fees. For obvious reasons, Binance and he always hope the crypto industry grows stronger, or more precisely, hope the prices of all mainstream cryptocurrencies remain high. They never short and never try to "drive prices down." "Even though I no longer manage Binance, I still strive to communicate with governments, advocating for the development of cryptocurrency. Of course, this is also based on my belief that blockchain is a better monetary technology. While I appreciate Forbes' high regard for Binance, it seems a bit illogical to me for Forbes to estimate the growth of my net worth based on Binance's (recent) valuation increase."