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CZ's Binance Exit Opens Floodgates for BNB Spot Market Circulation
The unexpected resignation of Binance exchange CEO Changpeng Zhao (CZ) has sparked a sell-off in the BNB token, leading to a significant decline in its value over the past 24 hours. On-chain data suggests that funds are flowing out of Binance in large volumes, exacerbating the BNB price drop
