Binance CEO Changpeng Zhao, known as CZ, has seen his net worth rise to approximately $75.8 billion as the price of Binance Coin (BNB) reached a record high of $850.70. CZ owns about 64% of the circulating BNB supply, contributing to his wealth surge. This increase places CZ's net worth closer to that of Bitcoin creator Satoshi Nakamoto, whose estimated net worth is $129 billion. The cryptocurrency market experienced a broad rally with Bitcoin (BTC) reaching $119,000, Ethereum (ETH) touching $3,900, and several altcoins, including BNB, seeing significant gains. Institutional interest remains strong, with Bitcoin ETFs attracting $131 million and Ethereum ETFs $453 million in inflows. The surge in BNB's price is attributed to factors such as whale activity, token burns, and blockchain upgrades, which are reshaping the competitive landscape of the crypto market.
𝐁𝐢𝐧𝐚𝐧𝐜𝐞 𝐂𝐨𝐢𝐧 𝐇𝐢𝐭𝐬 $𝟖𝟓𝟎 𝐚𝐬 𝐂𝐙’𝐬 𝐍𝐞𝐭 𝐖𝐨𝐫𝐭𝐡 𝐉𝐮𝐦𝐩𝐬 𝐭𝐨 $𝟕𝟓.𝟖 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 🔥 CZ rockets to $75.8B as Binance Coin explodes past $850! Whales, token burns & chain upgrades are rewriting crypto’s power list. Is this the new Bitcoin moment? https://t.co/MRDHECr3WI
🟥 Things I’m looking at today 🟥 Altcoins lead rally, US-EU trade deal, NFTs & memecoins soar Crypto * BTC: 118.6k (+2%) | BTC.D: 60.8% (-1%) * ETH: 3870 (+4%) | XRP: 3.23 (+3%) | SOL: 192 (+6%) * Top Gainers: OP, SPX, ENA, AVAX, BNB * BTC ETFs: +$131mn | ETH ETFs: +$453mn * https://t.co/46Tt9NeUaY
CZ’S WEALTH ($75B) NEARS SATOSHI’S ($129B) AS $BNB SURGES 32% Source: @DLNewsInfo https://t.co/hjMLOjqqZz https://t.co/m5xeWcLSnP