Broccoli meme coin surges after CZ reveals large holdings of $BNB

After Binance co-founder Changpeng “CZ” Zhao revealed his personal wallet, the price of Broccoli, a meme coin built on BNB, surged by nearly 33%.

Despite the surge in the asset, its altcoin BNB actually fell. This is likely because CZ’s large holdings were public knowledge.

CZ reveals large BNB holdings

Changpeng “CZ” Zhao, the former CEO and co-founder of Binance, has been influencing the market through his wallet holdings. Most recently, he caused a meme coin surge after claiming to have little experience with DEX trading and triggered an influx of Broccoli coins when he revealed the name of its core.

Today, however, CZ has displayed his portfolio holdings, which are over 98% in BNB.