Tesla Evaluation from Zhao: "A Drop in the Ocean"

Changpeng Zhao, CEO of the popular cryptocurrency exchange Binance, described the sale of Bitcoin (BTC) by the American company Tesla as "a drop in the ocean".

Commenting on his social media account, the Binance CEO said the sale of Bitcoin by Tesla was "a drop in the ocean" and added that around $100 billion worth of Bitcoin is traded every day. Electric vehicle manufacturer Tesla stated the other day that it realized BTC sales of $ 936 million in the second quarter of 2022. Tesla CEO Elon Musk explained the quarantines in China as the reason for this sale, as well as noting that the company wanted to strengthen its fiat money reserve. Successful businessman Musk underlined that they could buy Bitcoin (BTC) again in the future. Following the Tesla news, Bitcoin (BTC) fell below the $ 23,000 level.

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