TechFlow news, on February 28, according to Cointelegraph, Binance denied speculation about selling off part of its assets, stating it would not "dump" Solana and other tokens.
A Binance spokesperson said that misunderstandings arose from confusion over Binance's role as an exchange, which merely helps match user trades. It's important not to draw conclusions based on trading screenshots. Some speculation originated from data showing market makers withdrawing large amounts of Solana (SOL) from Binance's hot wallet, leading cryptocurrency investors to mistakenly believe the exchange was selling off its holdings.
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