‘BNB Isn’t Crumbling’: CZ Slams Critics Stirring Fear And Doubt

According to reports, BNB showed unusual strength during a recent market tumble that wiped out nearly $20 billion in liquidations at the peak. The token barely budged at first — slipping roughly 2-3% during the early shock — and later traded above $1,130, gaining over 10% in 24 hours as buyers returned.

Changpeng Zhao, the former Binance chief, answered critics on social media who suggested BNB’s steady price action deserved closer scrutiny.

He mocked those raising alarm, using a laugh emoji and urging people to share more examples of BNB’s strength.

He also said he was unaware of any affiliated entities buying or selling BNB in recent days and highlighted the community and infrastructure behind the chain as reasons for confidence.

According to CoinMarketCap data, BNB’s limited drop put it in the same group as Bitcoin among the top-five coins that recorded minimal daily losses during the liquidation event. That put BNB in a small set of assets that outperformed peers while the market bled.

fudders even try to make this sound like a bad thing?

Please post more of this about #BNB. https://t.co/hOUy6ll4BS

— CZ BNB (@cz_binance) October 12, 2025

Reports have disclosed several practical reasons why BNB held up. The token offers trading fee discounts, which become more valuable when volatility spikes and trading volume rises.

Network revenue also climbed with the surge in activity, giving the token real transactional demand beyond speculation. BNB’s deflationary token design was mentioned as another factor that can support price under stress.

Interesting how BNB was barely affected at all. pic.twitter.com/xurnb5vr1a

— Jason Appleton (Crypto Crow) (@jasonappleton) October 12, 2025

Some observers have pointed out an additional feature: a lack of market maker involvement. CZ reiterated that claim, saying the project does not rely on affiliated trading entities to prop up price, and that the chain’s community and core functions help absorb shocks.

Prominent trader Altcoin Sherpa described the token as “insanely strong,” noting that its outperformance was surprising even during a broad market rebound. Market participants took notice when BNB’s intraday loss turned out to be deeper than its modest seven-day decline, suggesting buying interest reappeared at key levels after the worst of the sell-off passed.

$BNB is insanely strong, this surprised me a bit seeing the move today. All majors are bouncing a bit but BNB outperformance still confirms that BSC/BNB ecosystem is the place to play for now. pic.twitter.com/cYDbjJerKo

— Altcoin Sherpa (@AltcoinSherpa) October 12, 2025

Some figures in the crypto space reported that certain meme-focused tokens plunged as much as 80% during the same period. By contrast, BNB’s deeper dip at one point reached about 17% before it recovered — a pattern that left traders debating whether the move was driven by genuine demand or by the particular structure of the Binance ecosystem.

Featured image from Getty Images, chart from TradingView