$BNB

CZ Celebrates BNB’s Record High as Altcoin Momentum Builds

Former Binance CEO Changpeng Zhao (CZ) has publicly celebrated BNB’s latest all-time high on the X platform, posting:

> "Build and Build. $BNB. Appreciations to all the ecosystem players, BTC maxis, ETH holders, meme traders, ETF applicants, treasury pub cos, good regulators, and utility builders."

On Wednesday, Binance's native token, BNB, surged to a record-breaking $804—marking a 15% increase in just one week.

CZ’s Massive BNB Holdings

CZ is believed to own a significant portion of BNB’s total supply. According to Forbes, he holds an estimated 64% of the token’s circulating supply—approximately 95 million tokens. CZ has previously stated that his personal crypto portfolio is almost entirely composed of BNB.

At the current price, his BNB holdings alone are valued at an astonishing $76 billion. This is in addition to other assets, such as equity in Binance itself.

Net Worth Estimates Vary Widely

Bloomberg estimates CZ’s net worth at $59.7 billion, ranking him as the 26th richest individual globally. However, this valuation only includes his ownership stake in Binance and excludes his personal cryptocurrency holdings, which remain undisclosed. As such, his actual net worth is likely far higher, although Bloomberg assigns the lowest confidence rating to this estimate, acknowledging the speculative nature of the data.

CZ Hints at Incoming Altcoin FOMO

In a follow-up post, CZ highlighted the rising "Altcoin Season Index" on CoinMarketCap, which currently stands at 54 out of 100. This index measures the relative performance of the top 100 altcoins compared to Bitcoin and signals increasing capital inflows into altcoins.

CZ expressed confidence that the altcoin rally is just beginning and forecasted the arrival of another "FOMO season" in the near future.