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Coin Telegraph

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Bitcoin and Binance token dip slightly as CZ is released

  • Binance founder Changpeng Zhao was released early from custody on Sept. 27.
  • The price of Bitcoin (BTC) and Binance’s BNB (BNB) token dipped slightly.
  • Zhao holds 64% of the total BNB supply, placing the entrepreneur’s net worth around $61 billion in June 2024.
  • The 94 million BNB tokens held by Zhao represent roughly $57 billion in value at the time of writing.

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