CZ claims to be a boring person, with only 1.3% of his holdings in BTC
Original Article Title: "Changpeng Zhao (CZ) Publicly Reveals Personal Holdings for First Time: 98.5% in Binance BNB, Only 1.3% in Bitcoin"
Original Article Author: Editor Jr., BlockTempo
Binance founder Changpeng Zhao (CZ), yesterday (24th), in response to community requests, publicly disclosed his cryptocurrency investment portfolio on the Binance Plaza. The disclosed holdings data shows:
His current largest position is in Binance's native BNB coin, accounting for 98.51% of his holdings
Next is Bitcoin, but the holding proportion is only 1.32%
Lastly, there is a small amount of EUR, with a proportion of 0.17%.
CZ: I'm Just a Bored Person
Regarding CZ's holdings, some netizens questioned why CZ allocated only about 1% of his funds to Bitcoin in the investment portfolio. CZ replied, saying he is just a bored person, implying that he is not a frequent trader, and to him, holding BNB and holding BTC might be the same thing.
However, it should be noted that this data is only CZ's holdings on Binance and may not represent his entire portfolio. He may still hold a certain amount of cryptocurrency in cold wallets? However, he did not elaborate on this point.
Furthermore, regarding his holding of $EURI, CZ responded that he also does not remember the source of these funds, only speculating that this may be related to the Binance Card:
"Perhaps in the early days of the Binance Card, that was the currency used for spending? Not too sure."
Note: $EURI is a Euro stablecoin regulated under the European Cryptocurrency MiCA Act within the European Economic Area (EEA), issued by Banking Circle, and officially listed on Binance on August 28, 2024.
How Much BNB Does CZ Hold?
According to a Forbes report in June last year, CZ's main asset is his holding of BNB. At that time, Forbes speculated with a circulating market supply of 147.5 million BNB, Binance owned 71% of the BNB supply, and CZ as the Binance founder held 90% of Binance's equity.
Therefore, based on this conversion, CZ is estimated to hold 94 million BNB (worth approximately $57.5 billion at the current market price), undoubtedly making him one of the richest people in the world.
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