Binance Under Siege: CZ Slams 'Coordinated Attack' as BTC Manipulation Claims Explode

Crypto Twitter is on fire! Binance, the world's biggest exchange, is facing a torrent of backlash over accusations of dumping BTC on spot markets and manipulating prices. CZ himself just called it out: a shady wave of copy-paste FUD from mystery accounts. Is this organic rage or a hit job? Buckle up—we're diving deep into the drama shaking the crypto world today.

It all kicked off amid a brutal market downturn, with Bitcoin grinding lower and alts bleeding out. Traders spotted massive BTC spot sells flowing from Binance wallets via on-chain tools like Arkham and Lookonchain. Reddit threads lit up: 'Majority of BTC spot sales initiating out of Binance!' one post screamed, racking up upvotes. Fast-forward to today: CZ drops a bombshell tweet. 'There is some coordinated attack recently... Lots of accounts I don't recognize suddenly tweet roughly copy and paste on the same topic.' 🤷‍♂️ He's replying to FUD twisting his 'buy and hold' advice, but the real heat is on alleged manipulation. Echoing him, Zach Witkoff fires off: 'Funny how the loudest “concerns” about @binance @cz_binance always seem to arrive in perfect formation. Coordinated outrage is usually the tell.' Builders gotta build, he says—noise fades. Roots trace back to October 10's flash crash. A supposed Binance 'software glitch' triggered $28B in forced deleveraging, slamming BTC hardest. Cathie Wood called it the 'worst' phase, now over. But rivals like OKX's Star Xu accuse Binance of eroding trust. On-chain visibility amps frustration: Why is Binance the top spot seller when markets tank? Critics scream foul—'Stop liquidating us!' 'Explain 10/10!' New accounts pile on with identical scripts. Defenders counter: Exchanges manage liquidity; it's not manipulation, just business. CZ's crew hints at paid shills targeting BNB Chain too. Organic or orchestrated? The copy-paste vibes scream the latter.

This storm hits hard. BTC dipped below $90K support amid the noise, dragging alts deeper into the red. User frustration boils over—'Boycott Binance!' chants echo. Trust erosion could spark outflows; volumes on rivals like OKX spike. But Binance dominance holds: 50%+ spot share means any wobble ripples globally. Volatility spikes 20%, perps liquidations surge. Short-term pain, but if CZ's right, FUD fades and bulls charge back.

Binance vs. the mob: classic crypto clash. CZ's not backing down—history favors builders over bashers. With on-chain truth serum everywhere, transparency wins. Watch for Binance clarifications; markets crave facts. Bigger picture? This tests crypto's maturity. Stay vigilant, DYOR, and position for the rebound. The king exchange fights on—who blinks first?