Changpeng "CZ" Zhao is laughing all the way to the bank, or should we say, to his BNB wallet? The Binance co-founder’s BNB holdings have rocketed past an estimated value of $75.8 billion after the token hit a new all-time high on Monday. That’s right, folks, BNB’s new peak has made CZ’s fortune even juicier.
So, what’s driving this surge? Analysts are pointing to several culprits, including token burns (which, let’s be honest, are basically BNB’s secret sauce), skyrocketing chain metrics, and whales stacking up their BNB bags. Now, don’t go thinking this is just some fluke; it’s backed by solid fundamentals.
A June 2024 Forbes report revealed that CZ controls 64% of the circulating BNB supply of 139.3 million, with Binance holding another 7%. Doing the math? That’s around 89.1 million tokens in CZ’s possession. And let’s not forget, this crypto kingpin isn’t shy about his love for BNB. In February, CZ admitted that a whopping 98% of his portfolio is in BNB, with just a tiny 1.32% in Bitcoin.
Forbes’ billionaires list has him sitting comfortably at #23 with a net worth of $71 billion.
But let’s be real, his $75.8 billion in BNB alone would catapult him ahead of Julia Koch, who holds a 42% stake in Koch Industries, the second-largest privately held company in America. Yeah, CZ’s got that kind of power now.
BNB’s Meteoric Rise
Now, let’s dive into why BNB is so hot right now. According to Dominick John, an analyst at Kronos Research, BNB’s 12% rise over the past week is no coincidence. It’s happening amid soaring chain metrics, total value locked (TVL), stablecoin market cap, and PancakeSwap volume have all hit all-time highs for 2025. When the fundamentals are on fire like this, prices tend to follow suit.
But it’s not just about the tech; whale wallets are getting more involved, and treasury demand is picking up. Oh, and did we mention that Nano Labs, the Chinese microchip firm, has announced plans to hold up to 10% of the total circulating supply of BNB? Yeah, the big players are getting in on the action, and they’re not just here to watch from the sidelines.
To keep this bull run going, though, BNB needs to keep those positive metrics flowing, TVL and PancakeSwap volume need to stay strong, and those quarterly burns need to keep cutting down supply. And let’s hope we don’t get hit with any major negative macro news to mess things up, right?
Token Burns and Whales
Here’s where things get really spicy. Binance has been slashing BNB’s supply with regular token burns, which is basically a way to shrink the supply while cranking up demand. You see, BNB’s initial supply was set at 200 million coins, but that number is getting smaller with every burn.
Kadan Stadelmann, CTO of Komodo Platform, said that this burn program is a game-changer for BNB’s price. As the supply gets squeezed, the price usually follows suit. And, let’s not forget, these burns have been a regular occurrence, so investors are sitting tight, waiting for the next one.
Whales and corporate investors have a huge influence on markets like BNB, especially in proof-of-stake systems like Binance. They’re the ones holding the power to move the market, and it looks like they’ve decided BNB’s got some serious upside.
All in all, CZ is sitting pretty with his $75.8 billion in BNB, and with these bullish market dynamics, things are looking pretty cheerful for Binance’s native token. So, what’s next for BNB? If this momentum keeps up, we could be talking about some seriously big numbers for the Binance ecosystem. Stay tuned, this ride is just getting started.
Matvii Diadkov
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