---
title: "CZ: Binance Did Not Sell Crypto, I Bought Crypto Recently and Expect Continued Growth Over the Medium to Long Term"
url: https://thecoingazette.com/cz-binance-did-not-sell-crypto-i-bought-crypto-recently-and-expect-continued-growth-over-the-medium-to-long-term/
date: 2026-11-15
modified: 2026-11-15
lang: en
author: "Coin Gazette Editorial"
description: "Binance founder CZ said the exact reasons for the recent crypto market decline remain unclear, citin..."
categories:
  - "Crypto News"
tags:
  - "crypto"
  - "cryptocurrencies"
  - "Defi"
  - "Market Trends"
  - "News"
word_count: 136
---

# CZ: Binance Did Not Sell Crypto, I Bought Crypto Recently and Expect Continued Growth Over the Medium to Long Term

Binance founder CZ said the exact reasons for the recent crypto market decline remain unclear, citing several potential factors: capital shifting toward Anthropic’s IPO; approximately $1.9 billion in net outflows from U.S. spot Bitcoin ETFs over seven trading sessions through November 13, alongside outflows from Ether ETFs; security concerns following the Binance hack, thefts from iPhone-linked crypto wallets, a Chrome exploit and a Microsoft outage; hotter-than-expected U.S. inflation fueling expectations of another Fed rate hike, with higher yields and a stronger dollar potentially weighing on risk assets; and concerns over potentially stricter U.S. crypto regulation following the midterm elections. CZ stressed that Binance had not sold crypto and said he had personally bought crypto in recent days after receiving some stablecoins. He added that he expects crypto to continue growing over the medium to long term.