Changpeng “CZ” Zhao, the co-founder of Binance, has mirrored on a historical past of private crypto purchases, together with his current ASTER acquisition now within the crimson.
Just a few days in the past, CZ purchased ASTER, a token he has extensively promoted since its launch. He introduced shopping for over 2 million tokens, which on the time was just a little below $1 per token.
Whereas the token surged on his “full disclosure” on November 2 to a excessive of $1.28, it has since crashed by over 25% to its present market worth of $0.91.
“100% document,” he added, highlighting that each one of his crypto buys has had him caught in a dropping place on the onset.
我每次买币都被套，100percent的记录。 😂
2014年，均价$600买了BTC，一个月内跌倒$200，持续了18个月。
2017年，买了BNB，也跌了20-30%，持续了几周。这次。。。还说不准呢。
昨天又加了点仓。所以大家要注意风险啊。以后不再披露了。免得影响大家的行情。🤣 https://t.co/jezvlAbXax
— CZ 🔶 BNB (@cz_binance) November 4, 2025
Zhao additional buttressed that his unfortunate appeal began together with his 2014 Bitcoin accumulation. He purchased at a median worth of $600, just for the apex cryptocurrency to drop to $200 inside a month and consolidate under his entry for 18 lengthy months.
In the same vein, his 2017 BNB purchase dropped between 20% and 30% after acquisition, and he nursed a loss for weeks. This time with ASTER, his portfolio is already in an unrealized loss, and he appears to not understand how lengthy this one will final.
HODLER CZ Buys the Uncertainty
In the meantime, Zhao had earlier famous that he’s a “holder,” not a dealer, suggesting he’s in for a protracted and laborious maintain, as he did together with his Bitcoin and BNB stashes.
Moreover, he disclosed that he had purchased into the market uncertainty. The Binance co-founder added to his place yesterday, becoming a member of those that purchased the dip.
CZ has constantly burdened shopping for the dip, urging crypto fans to capitalize on the downsides to purchase extra. Earlier, he emphasised that those that promote dips observe “weak minds” and inspired strengthening connections with individuals who perceive the market dynamics.
Remarkably, his endurance has often paid off, as Bitcoin has elevated a staggering 17,233% from his 2014 entry of $600. BNB has additionally grown 8,289% from its December 2017 excessive of $11.30.
