Exchanges Rumor First seen 2026-11-08 09:31 UTC

CZ says he sold his apartment for $900,000 to buy Bitcoin at $400

Binance founder Changpeng Zhao says he sold his apartment and put the $900,000 into Bitcoin when it traded around $400, according to a post citing his account. The post adds that he did not have a job at the time and frames the move as a bet made before Binance existed.

Why “Rumor”

Only community or trader posts: r/Bitcoin

0 independent source groups across 1 post · evidence score 9/100. How labels work

Market around the story

Asset	Price at first report	6h before	1h before	1h after	6h after	1h move vs normal	24h volume vs median
BTC	$75,853	+0.21%	−0.04%	−0.01%	+0.13%	0.0σ	0.4×

Returns are measured from the moment the story first appeared. “vs normal” compares the move with the asset's typical hourly move over the previous 30 days.

What the sources claim

Changpeng Zhao says he sold his apartment and invested the $900,000 in Bitcoin at around $400. BTC

“sold his apartment and put the $900,000 into Bitcoin when it traded around $400”
r/Bitcoin
Zhao did not have a job at the time of the purchase. BTC

“He didn’t even have a job at the time.”
r/Bitcoin

Sources

r/Bitcoin community 2026-11-08 09:31 UTC
CZ says he sold his apartment for $900,000 to buy Bitcoin at $400Binance founder Changpeng Zhao says he sold his apartment and put the $900,000 into Bitcoin when it traded around $400. → v.redd.it

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Summary and claims extracted by AI with prompt analyze-story@5 on 2026-11-08 11:10 UTC. Labels are computed from the sources, not by the model.