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TRX $0.3309 -0.46%
DOGE $0.0697 -0.73%
ADA $0.1768 -1.86%
BCH $202.97 -1.37%
LINK $9.39 -1.37%
HYPE $57.11 +1.60%
AAVE $86.24 -0.85%
SUI $0.6756 -1.44%
XLM $0.1569 -1.41%
ZEC $488.08 -1.15%

Zhao Changpeng: It is unclear how the calculation of the UAE holding $40 billion worth of Bitcoin was derived, and the figure is higher than expected

2024-12-22 21:00:31

ChainCatcher news, Binance co-founder Zhao Changpeng previously retweeted a media report on the X platform stating that the UAE holds $40 billion worth of Bitcoin. Subsequently, some members of the community questioned this data, suggesting that the related report seemed like an AI-generated article. In response, Zhao Changpeng said, "I also want to know how they arrived at this exact number. The data collection is quite difficult and higher than I expected, but then again, there are many wealthy people there (in the UAE)."

CZ: Unsure how the $40 billion worth of Bitcoin held by the UAE was calculated, the number is higher than expected

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