Crypto: Binance Reserves Steady As ‘ftx 2.0’ Claims Spread Online 2026

Binance shows stable onchain reserves and no immediate stress signals despite market volatility and a wave of criticism circulating on social media.

Onchain analysts say the data show no signs of crisis at Binance, even as a wave of online criticism warns the exchange could become the new “FTX.”

Despite ongoing market volatility and Bitcoin (BTC) briefly dipping below $74,000 on Tuesday, Binance shows “no signs of stress,” according to the blockchain analytics company CryptoQuant.

“Binance holds around 659,000 BTC, virtually unchanged from 657,000 BTC at end-2025,” CryptoQuant said in a statement shared with Cointelegraph on Wednesday, highlighting “no material reserve erosion during the current Bitcoin sell-off.”

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On Tuesday and Wednesday, a cluster of similarly named X accounts began posting identical messages: “I decided to close my Binance account.”

Several of the accounts, including Wei BNB (weinbnb), Hao BNB (bnbhao) and Wang BNB (wangbnbwhale), shared near-identical usernames, posted the same text and used the same avatar imagery at the time their posts went live.

Some of the accounts appear coordinated or inauthentic, based on naming patterns, posting behavior and shared avatars, according to a Cointelegraph review.

Earlier activity on the account suggests it was run by a different person before it began tweeting about crypto around August 2025.

Binance co-founder Changpeng Zhao responded to the situation on X, calling the post an example of bad behavior while emphasizing that the platform welcomes constructive feedback.

Source: CoinTelegraph