The world’s largest cryptocurrency exchange BinanceCEO of Changpeng Zhao recently in portfolio He shared the weight ratios of cryptocurrencies.
Stating that he prefers to keep all of his money in crypto assets at every opportunity, the CEO said: bitcoin and Binance Coin (BNB) was known to hold.
Responding to the comment of one of his followers, “Cz will be the richest person in the world in the future,” Cz said, “My assets: 99% BNB and 1% Bitcoin.”
My holdings: 99% #BNB and 1% of #BTC.
— CZ 🔶 Binance (@cz_binance) August 1, 2022
Binance CEO‘this bitcoinwith turn signals in BNBWhile increasing its shares towards , BNB is trading at $284.
Considering that BNB was $30 at the beginning of 2021, when the bull market started, we see that the price is still 10 times higher despite the harsh winter of 2022.
Especially recently, while many cryptocurrency exchanges have been experiencing liquidity problems and laying off workers, Binance’s increase in the number of employees and the message “we have enough money” reinforced the confidence in the stock market.
Binance’s announcement that it will not receive commissions from Bitcoin trading due to the crypto winter was interpreted as the most obvious indicator that the stock market does not have a liquidity problem.
While Binance gives the message that we are strong despite the crypto winter with these moves, BNB continues to maintain its solid foundation by being affected by these messages.
*Not Investment Advice.