Binance’s CZ Encourages Calm as US Banks Move into Bitcoin

TLDR

Table of Contents

Wells Fargo has bought a large quantity of Bitcoin, signaling increasing institutional adoption.
Binance holds 655,498 BTC, indicating rising trader withdrawals and selling pressure.
Bitcoin price remains around $90,540 following Wells Fargo’s major crypto investment.
CZ encourages traders to stay resilient as US banks increase Bitcoin exposure.

A major U.S. bank has purchased a large amount of Bitcoin, sparking reactions across the crypto industry. Binance CEO Changpeng Zhao, also known as CZ, has responded by encouraging traders to remain calm and focused. This development reflects a rising trend in institutional interest in Bitcoin, even as market conditions remain uncertain.

Changpeng Zhao Calls for Trader Resilience

Binance CEO Changpeng Zhao (CZ) has responded to the recent bank activity by urging market participants to remain focused. He addressed the growing contrast between individual traders selling out of fear and institutions buying for long-term positioning.

“While you panic sell, U.S. banks are accumulating,” CZ said in a recent statement. He added that understanding this trend could help traders make more informed decisions, especially in times of uncertainty.

JUST IN: 🇺🇸 Binance Founder CZ says "while you were panic selling, US banks were loading up on Bitcoin." pic.twitter.com/FJ6OrjRdNy
— Watcher.Guru (@WatcherGuru) January 10, 2026

CZ’s remarks aim to highlight the growing divergence between retail sentiment and institutional strategies. His comments are being widely interpreted as a call for staying level-headed amid ongoing market pressure.

Major US Bank Invests in Bitcoin Amid Market Volatility

Wells Fargo has joined the growing list of traditional financial institutions accumulating Bitcoin. The move comes as the cryptocurrency market continues to see mixed signals, with traders expressing caution.

Wells Fargo’s involvement adds to the rising trend of institutional interest in Bitcoin. The investment was not officially disclosed in public filings but has been widely reported based on on-chain data and market observations. The bank’s strategy appears to be aimed at long-term gains rather than short-term speculation.

Bitcoin Holding Steady After Institutional Purchase

Bitcoin is currently trading around $90,540. This comes after a modest rise in the last 24 hours, sparked in part by Wells Fargo’s large acquisition. The purchase has added a measure of confidence to an otherwise cautious market.

Despite recent gains, Bitcoin continues to experience fluctuations, with no clear direction in the short term. Market analysts are watching closely to see if institutional buying can create a stable support level around the $90,000 mark.

655,498 BTC Held on Binance Amid Market Uncertainty

Data from on-chain sources shows that Binance currently holds 655,498 BTC. This figure represents a notable increase in exchange-held Bitcoin, suggesting many traders are returning their coins to the platform.

When more Bitcoin is moved to exchanges, it often indicates rising selling pressure. This pattern has been observed in the last 24 hours, reinforcing the cautious mood among retail investors.

Binance continues to be the leading platform for Bitcoin trading, and its reserves often reflect broader market behavior. The current trend suggests that while institutional investors are buying, retail participants remain wary.