Changpeng Zhao Stops Disclosing His Investments
Date: 2025-11-05 Author: Henry Casey Categories: BUSINESS
Former Binance CEO Changpeng Zhao (CZ) announced that he no longer intends to publicly discuss his investments. He made this decision following the community's reaction to the failed ASTER token trade, in which he had previously invested approximately $1.9 million.
After the announcement of this investment, the token's price rose by approximately 30%, but the market soon declined. On November 4, 2025, the price of ASTER fell to $0.82, while Zhao had purchased it at $0.91, and reached a high of $1.28. This decline coincided with a general correction in the crypto market: Bitcoin fell below $103,000, and most altcoins showed negative dynamics.
Against this backdrop, users began to speculate that Zhao's latest investment had once again proved temporarily unprofitable. In response, CZ recalled that such situations are nothing new to him. He maintains a long-term strategy and views himself not as a trader, but as a "hodler."
He cited past examples: in 2014, he bought Bitcoin at an average price of $600, after which it fell to $200 and remained at that level for a year and a half. In 2017, the same thing happened with BNB—the coin's price fell by 20-30% over several weeks. Zhao emphasized that short-term losses don't faze him, as he believes in the long-term potential of his assets.
CZ also noted that he had increased his position in ASTER, but did not specify the amount or volume of the purchase. He also emphasized that he would refrain from making public announcements about new investments in the future. He said this was necessary to avoid influencing the market and to avoid provoking impulsive investment decisions.
Thus, Zhao intends to focus on a long-term asset holding strategy and distance himself from market noise. His comments reflect a more reserved approach to publicity—a move that could serve as an example for other prominent crypto industry figures, whose comments often cause wild price fluctuations.
The former Binance CEO's decision was motivated by a desire not to distort market expectations or influence investor behavior. Now, judging by his own words, CZ prefers to act quietly, relying on his own convictions and experience rather than on the community's reaction.
