#BinanceHODLerTree 🌳 BNB Holder Tree Insight 🔍
BNB is becoming more decentralized over time:
• Top 10 wallets hold ~5%
• Top 100 wallets hold ~14%
• Exchange custody: 15–30% (millions of users)
• Retail & DeFi: 70%+ of supply
Centralized utility + growing retail = balance.
