"The herd followers are less committed," he said. "Whenever there's some negative news, they run away."

Chaopeng Zhang is the chief executive officer of Binance, the worlds largest crypto exchange.
Binance

Binance founder Chaopeng Zhang said herd mentality is one of the reasons why bitcoin...

https://www.businessinsider.com/binance-ceo-founder-bitcoin-crypto-herd-mentality-price-volatility-microstrategy-2021-5

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