[Binance Co-founder CZ: Binance Has Not Sold Crypto Assets, I Recently Bought Them Myself] According to TechFlow, on November 16th, Binance co-founder CZ stated that Binance has not sold any crypto assets. He personally purchased crypto assets in recent days after acquiring some stablecoins. Regarding the crypto market downturn, CZ stated that no one knows the exact reason, and correlation does not equal causation. He listed possible factors including outflows from US Bitcoin spot ETFs, concerns stemming from security incidents, and uncertainty surrounding US inflation and policies. He also expressed optimism about the crypto industry in the medium to long term.