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That doesn't explain who's buying it
by CryptoBanker 4y ago
That doesn't explain who's buying it
- JumpCrisscross 4y ago> doesn't explain who's buying it People with deposits at Binance who want to get them out.
- artemisart 4y agoNo, if you want to get your tokens out you're selling them to get something else than BNB (and BUSD) and this would drive the price down.
- barnabee 4y agoPeople who believe Binance is less likely to die than the market is pricing in, for one. Personally I’m not sure, I think the recent charges may not be a huge deal and I don’t think Binance is default dead. But market sentiment has a life of its own and there’s every possibility there’s some sub-100% level of withdrawals they can’t survive. And while I think Binance is fine, I also wouldn’t be particularly sad to see it go either.