Jiang Zhuoer says he sold before the U.S. stock market opened BNC, planning to buy back after a pullback

AT A GLANCE

Jiang Zhuoer stated that he sold BNC shares before the U.S. stock market opened and plans to repurchase them after the price has declined for a period.

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⚡️Jiang Zhuoer: Sold before the U.S. stock market opened BNC the stock, and will buy it back after it declines for a while

BlockBeats news,September 21, Jiang Zhuoer, founder of Lebit Mining Pool, posted that he had sold BNC stock before the U.S. stock market opened. He stated: “The stock already rose significantly over the weekend (on-chain), so it will certainly be sold off when the U.S. stock market opens. I will buy it back after it declines for a while.”September 18, Jiang Zhuoer explained BNCB's investment thesis:BNCB its position size has increased again and has now reached 17280000 USD; according to the comparative data he cited, this scale has surpassed Coinbase and MSTR related instruments, and is approaching Tesla-related instruments. He believes that BNCB is equivalent to obtaining 58%exposure at a price of approximately BNB.BNC is a Binance treasury company controlled by BNB, while BNCB is the BNC bStock token corresponding to Binance. He believes that Binance launching BNCB aims to channel crypto-market capital into U.S. stock BNC, creating a “coin-stock flywheel” similar to MSTR.

He noted that BNB currently has a total market capitalization of approximately 94000000000 USD, while BNC has a market capitalization of only approximately 220000000 USD; if 1%of BNB buyer capital shifts to BNC, it could eliminate the current discount. Crypto-market capital has currently purchased 17280000 USD BNCB and 5290000 USD BNC4, totaling 22570000 USD, representing approximately BNC of 10%'s total market capitalization.

Original link https://m.theblockbeats.info/flash/368209

Key points

According to BlockBeats news,September 21, Jiang Zhuoer posted that he had sold BNC stock before the U.S. stock market opened.
Jiang Zhuoer stated that BNC shares had already posted notable on-chain gains over the weekend, and he judged that they would decline after the U.S. stock market opened.
September 18, Jiang Zhuoer stated that BNCB's position size had reached 17280000 USD。
Comparative data cited by Jiang Zhuoer show that the BNCB position size exceeds Coinbase and MSTR related assets, and is close to Tesla-related assets.
Jiang Zhuoer believes that BNCB is equivalent to obtaining 58%exposure at a price of approximately BNB.
The source article states that BNC is a Binance-controlled BNB treasury company, and BNCB is BNC the corresponding Binance bStock token.
Jiang Zhuoer stated BNB with a total market capitalization of approximately 94000000000 USD，BNC with a market capitalization of approximately 220000000 USD。
Jiang Zhuoer stated that capital in the crypto market has purchased 17280000 USD BNCB and 5290000 USD BNC4, totaling 22570000 USD, accounting for approximately BNC of the total market capitalization 10%。

AI-assisted interpretation

The following is analysis, separate from reported facts. Verify important claims independently.

Jiang Zhuoer stated that he had first sold BNC shares and planned to buy them back after a period of decline. His investment judgment was based on BNC、BNCB and BNB a comparison of price and capital scale, but the article's judgment of a decline and its projection of capital flows are both his views.

Why it matters to readers

This news concerns BNC short-term trading assessment of the stock, as well as BNCB whether crypto-market capital can be directed toward BNC as an investment rationale.

Beginners should distinguish between self-reported completed trades, cited data, and predictions of future prices; “will definitely be dumped” is not a result verified in the article.

Risks and unknowns

Jiang Zhuoer's sale of BNC shares is only stated in his own post; the original text provides no transaction evidence.
BNC Whether the shares will decline after the U.S. stock market opens cannot be confirmed from the original text.
BNCB No independent verification materials for the position size, respective market capitalizations, or purchase amount are provided in the original text.
If there is 1% of BNB buyer funds shifting to BNC the discount could potentially be eliminated; this is Jiang Zhuoer's hypothesis.
Binance listing BNCB The purpose and whether it will form a “coin-stock flywheel” are Jiang Zhuoer's judgment.

Jiang Zhuoer says he sold before the U.S. stock market opened BNC, planning to buy back after a pullback

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