According to the latest development, Binance founder and former CEO Changpeng Zhao was observed to have opened a 24.8x long position in the Mubarak altcoin in onchain data.
CZ made a statement on the subject, saying, “I’m doing some testing on the chain as usual on Sunday, nothing to get excited about.”
*This is not investment advice.
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Source: https://en.bitcoinsistemi.com/breaking-binance-founder-cz-opens-long-position-in-an-altcoin/