Binance denies asset sell-off rumors, attributes changes to internal treasury management
Binance has dismissed speculation that it is offloading its assets, attributing recent balance sheet adjustments to internal treasury management rather than liquidations. On Feb. 11, the exchange clarified to CryptoSlate that it had not engaged in asset sales. Instead, the on-chain adjustments were part of an internal accounting process. The firm’s spokesperson said: “Binance is … Read more