Big news about Binance, a big cryptocurrency exchange! Some people thought Binance was selling off its cryptocurrencies, like Bitcoin and Ethereum. But Binance says that's not true.
They say they just moved some money around in their own accounts. It's like rearranging toys in your room – it doesn't mean you're giving them away.
It all started because their Bitcoin and Ethereum amounts went way down. But Binance insists user money is safe.
- Binance says it wasn't selling its crypto.
- The changes were part of internal accounting.
- User funds are safe, according to Binance.
| Crypto | Change |
|---|---|
| Bitcoin | Down a lot |
| Ethereum | Down a lot |
| Binance Coin (BNB) | Down 16.6% |
| USDC | Up over $1 billion |
