Binance Founder CZ Reveals Minimal Trading, Holds Most Wealth in Crypto

Changpeng Zhao (CZ), the former CEO of cryptocurrency exchange Binance, recently shared that he rarely engages in active trading, despite leading one of the world’s largest crypto trading platforms. In a post on social media platform X, CZ stated, “I don't trade much at all. I spend crypto, and where I need to spend fiat, I convert what I need to spend. The rest is in crypto.”

CZ disclosed that his personal holdings primarily consist of Binance Coin (BNB), along with Bitcoin and some stablecoins. According to industry data from CoinGecko, BNB is currently the fifth-largest cryptocurrency by market capitalization, and CZ is estimated to control around 64% of its total supply.

Despite his heavy concentration in BNB, CZ has previously advised his followers to diversify their crypto portfolios to manage risk. His transparency about his own investment strategy, which favors holding over trading, has drawn attention from the crypto community.

As per the latest estimate by Forbes, CZ's net worth is approximately $65.1 billion, making him one of the wealthiest figures in the crypto industry. His wealth largely stems from his stake in Binance and substantial crypto holdings.

CZ’s comments come at a time of heightened market volatility, with recent news highlighting panic selling in Ethereum and major liquidations across altcoins. Yet, his investment approach reflects long-term confidence in digital assets rather than short-term speculation.

The revelation from the Binance founder offers insight into how one of crypto’s most influential figures manages his assets, reinforcing a philosophy of conviction over constant trading—a strategy that aligns with his belief in the future of cryptocurrency.