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Reading: CZ Reacts to BNB Rally, Signals FOMO Season Ahead
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Altcoins

CZ Reacts to BNB Rally, Signals FOMO Season Ahead

Last updated: July 24, 2025 12:45 am
Published: 7 months ago
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BNB, the native token of Binance, surged earlier to an all-time high of $804, gaining 15% in just a week.

This prompted former Binance CEO Changpeng Zhao (CZ) to celebrate the milestone on X. While CZ no longer leads the exchange, he remains its most visible figure and — according to past reports — BNB’s largest holder.

Forbes previously estimated that CZ holds about 64% of the BNB supply, or roughly 95 million tokens. At current prices, that alone places the value of his BNB holdings around $76 billion.

Bloomberg, which does not factor in his personal crypto holdings, pegs his net worth at $59.7 billion, ranking him among the top 30 richest individuals globally — though the actual figure could be much higher.

As the altcoin market continues to heat up, CZ also pointed to CoinMarketCap’s “Altcoin Season Index,” which has climbed to 54 — signaling growing investor appetite beyond Bitcoin. He suggested that a wave of FOMO (fear of missing out) could soon return, pushing more capital into altcoins.

The rise of BNB and growing altcoin strength are adding fuel to what some believe could be the next major rally in the crypto market.

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