Founder

Jeff

White Whale

Optimism

<h3 class="wp-block-heading" id="h-key-insights"><strong>Key Insights:</strong></h3>
<ul>
 <li>BNB price hits a new all-time high of $1,350 with a 17% surge in 24 hours.</li>
 <li>Recovery from $1,090 low during the market crash signals strong demand.</li>
 <li>Binance founder Changpeng Zhao, or CZ, attributes performance to builders, community, and deflationary tokenomics.</li>
</ul>
<p>BNB price, also known as Binance coin, has surged to a new all-time high of $1,350. The coin has posted nearly 17% gains over the past 24 hours and recovered from crash lows of $1,090.</p>
<p>Binance founder CZ attributed the strength to organic growth from builders and the community rather than market maker intervention.</p>
<h2 class="wp-block-heading" id="h-bnb-price-surges-to-new-1-350-ath"><strong>BNB Price Surges to New $1,350 ATH</strong></h2>
<p>BNB price established a new all-time high at $1,350 and is a notable recovery from the $1,090 level reached during recent market volatility.</p>
<p>The <a href="https://www.thecoinrepublic.com/2025/10/13/bnb-price-shrugs-off-recent-losses-snaps-back-above-1300/" rel="noopener noreferrer nofollow">rally in the Binance Coin</a> from $1,090 to $1,350 is a $260 move or approximately 24% from recent lows.</p>
<p>Investors who accumulated near $1,090 support realized substantial gains as BNB outperformed Bitcoin, Ethereum, and other major cryptocurrencies.</p>
<div class="wp-block-image">
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  <img loading="lazy" width="1024" height="524" src="https://www.thecoinrepublic.com/wp-content/uploads/2025/10/image-382-1024x524.png" alt="BNB Price Chart | Source: TradingView">
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   BNB Price Chart | Source: TradingView
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</div>
<p>Analyst Altcoin Sherpa called the move surprising, noting, “BNB is insanely strong, this surprised me a bit seeing the move today.”</p>
<p>The analyst observed that while “all majors are bouncing a bit,” BNB’s outperformance “confirms that the BSC/BNB ecosystem is the place to play for now.”</p>
<p>Trading volume surged alongside price appreciation. The combination of volume expansion and price breakout to new highs suggests continuation potential.</p>
<h2 class="wp-block-heading" id="h-cz-attributes-bnb-price-pump-to-builders-amp-deflationary-model"><strong>CZ Attributes BNB Price Pump to Builders &amp; Deflationary Model</strong></h2>
<p>Binance founder Changpeng CZ Zhao <a href="https://x.com/cz_binance/status/1977339931300421974" target="_blank" rel="noopener noreferrer nofollow">responded</a> directly to Altcoin Sherpa’s analysis with detailed commentary on BNB’s market dynamics. CZ stated, “Many projects have a market maker. BNB doesn’t.”</p>
<p><a href="https://www.thecoinrepublic.com/2025/10/08/bnb-price-defies-market-trend-as-binance-founder-lauds-bnb-meme-szn/" rel="noopener noreferrer nofollow">CZ differentiated</a> the token from competitors, relying on trading firms to maintain liquidity and price support.</p>
<p>The comment addresses persistent speculation about coordinated buying supporting the rally.</p>
<div class="wp-block-image">
 <figure class="aligncenter size-large">
  <img loading="lazy" width="1024" height="479" src="https://www.thecoinrepublic.com/wp-content/uploads/2025/10/image-381-1024x479.png" alt="BNB Price Soars as Changpeng Zhao Boosts Market Sentiment | Source: CZ, X">
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   BNB Price Soars as Changpeng Zhao Boosts Market Sentiment | Source: CZ, X
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</div>
<p>CZ clarified that “I am not aware of any of my affiliated entities buying or selling BNB in the past days/weeks.” He directly addressed concerns about insider trading or coordinated manipulation.</p>
<p>The Binance founder attributed BNB’s strength to three factors: “BNB has builders. BNB has a community. BNB is deflationary.”</p>
<p>BNB’s burn mechanism involves quarterly token burns based on trading volume and other metrics. The deflationary model creates scarcity, supporting long-term price appreciation.</p>
<h2 class="wp-block-heading" id="h-hyperliquid-founder-criticizes-cex-liquidation-transparency"><strong>Hyperliquid Founder Criticizes CEX Liquidation Transparency</strong></h2>
<p>Amid the BNB price surge, Hyperliquid founder Jeff posted extensive criticism of centralized exchange liquidation reporting practices and singled out Binance among others.</p>
<p>Jeff stated, “Hyperliquid’s fully on-chain liquidations cannot be compared with underreported CEX liquidations,” contrasting decentralized exchange transparency with centralized venue practices.</p>
<p>The comments came amid scrutiny of recent market volatility and liquidation cascades.</p>
<p>Jeff explained that “Hyperliquid is a blockchain where every order, trade, and liquidation happens on-chain.</p>
<p>Anyone can permissionlessly verify the chain’s execution, including all liquidations and their fair execution for all users.”</p>
<div class="wp-block-image">
 <figure class="aligncenter size-large">
  <img loading="lazy" width="1024" height="889" src="https://www.thecoinrepublic.com/wp-content/uploads/2025/10/image-380-1024x889.png" alt="CEX Vs Hyperliquid Liquidation | Jeff.hl, X">
  <figcaption>
   CEX Vs Hyperliquid Liquidation | Jeff.hl, X
  </figcaption>
 </figure>
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<p>The criticism intensified with specific allegations where he stated that some CEXs publicly document that they dramatically underreport user liquidations.</p>
<p>He also cited the example of Binance, where he mentioned, “If there are thousands of liquidation orders in the same second, only one is reported.”</p>
<p>The claim suggests Binance and other centralized venues show only aggregated liquidation events rather than individual user liquidations.</p>
<p>This has sparked widespread discussions in the market, while raising questions over its impact on BNB price.</p>
<p>Meanwhile, Jeff estimated the reporting discrepancy could represent 100x under-reporting under some conditions, given that “liquidations happen in bursts.”</p>
<p>The allegation raises questions about market transparency and whether traders have accurate information about liquidation activity.</p>
<p>Prominent trader known as The White Whale, who reportedly lost over $62 million during recent volatility, responded to Jeff’s post.</p>
<p>The trader stated, “As someone who until 48 hours ago was in the top ten list of all-time profitable traders on HyperLiquid…just a suggestion.”</p>
<p>The White Whale recommended Hyperliquid to create a form of false wick liquidation protection for your users, like Drift Protocol does.</p>
<p>The post <a href="https://www.thecoinrepublic.com/2025/10/13/bnb-price-hits-new-ath-as-binance-founder-cz-boosts-market-optimism/" rel="noopener noreferrer nofollow">BNB Price Hits New ATH as Binance Founder CZ Boosts Market Optimism</a> appeared first on <a href="https://www.thecoinrepublic.com" rel="noopener noreferrer nofollow">The Coin Republic</a>.</p>

BNB Price Hits New ATH as Binance Founder CZ Boosts Market Optimism

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