[CZ: Binance's Valuation is Closely Tied to the Crypto Market, Never Shorting to Suppress Prices] According to a report by Jinse Finance, Binance founder CZ posted on social media, stating, 'As a shareholder, of course, I hope Binance's valuation increases. But the fact is, when crypto market prices fall, it's difficult for Binance's valuation to rise. It's really that simple. One obvious point is: Binance is the world's largest crypto exchange, and it grows or shrinks along with the entire industry. Crypto winter = reduced trading volume Low crypto prices = reduced trading fees Therefore, from this obvious logic, Binance or I, of course, hope the industry can grow, or to put it more bluntly, hope the prices of major crypto assets rise. We never short, nor do we try to 'suppress prices.' Even though I am no longer managing Binance, I am still working hard to communicate with governments around the world to promote the development of the crypto industry. Of course, this is also based on a more fundamental reason: I believe blockchain is a better monetary technology. While I appreciate Forbes' high regard for Binance, I find it somewhat illogical for Forbes to estimate my net worth based on Binance's valuation increase. Lastly, I want to say that once wealth surpasses a certain (actually not very high) threshold, having more money doesn't make a person happier. There are more meaningful things in life, such as having a healthy body, a loving family, and making a positive impact on the world as much as possible.'