CZ’s portfolio signals strong confidence in Binance Coin’s future

Binance co-founder Changpeng Zhao unveiled his cryptocurrency portfolio on Binance Square’s Trader Profile, revealing a significant concentration in Binance Coin. 

His holdings are distributed as follows: 98.48% in BNB (BNB), 1.32% in Bitcoin (BTC), 0.03% in Tether (USDT), and 0.17% in Euro Coin. This disclosure underscores CZ’s strong confidence in BNB and the Binance ecosystem.

CZ’s investment in BNB reflects his strong commitment to the platform. This strategy highlights his confidence in BNB’s long-term value in a volatile cryptocurrency market. Over the past year, BNB has risen nearly 70% and is currently trading at $640.

CZ’s recent moves

CZ recently donated additional funds to victims of the TST and BROCCOLI memecoin crashes after previously assisting LIBRA investors.

He received more BNB than he originally donated and pledged to redistribute the excess to affected users. Despite stepping down as Binance CEO, he remains active in community recovery efforts amid ongoing memecoin volatility.