๐ฐ๐ฅ Binance Founder CZโs Net Worth Soars to $75B Amid BNB Rally โ But What If He Sells?
With the price of BNB surging, Changpeng Zhao (CZ) โ the founder of Binance โ has seen his net worth skyrocket to a staggering $75 billion, making him one of the wealthiest figures in the crypto world. ๐
But hereโs the real kicker:
๐ฆ CZ reportedly holds around 64% of all $BNB in circulation.
๐ฑ Thatโs an enormous concentration of supply in one personโs hands.
So the question arises: What if CZ suddenly decides to sell?
๐ Letโs break it down:
โข ๐ A major sell-off could cause severe price disruption for BNB
โข ๐ง It would shake investor confidence across the Binance ecosystem
โข ๐ฃ Could trigger a broader market ripple effect, especially in altcoins
โ ๏ธ While a mass liquidation is highly unlikely, the sheer centralization of token supply is a reminder of the importance of transparency and decentralized distribution in crypto.
๐ฃ๏ธ What do YOU think โ is $BNB too centralized for comfort?
