BNB Surpasses $1,000 for the First Time in Its History, CZ Makes First Statement

Binance's associated coin, BNB, reached an all-time high today, surpassing the $1,000 level for the first time in its ￰0￱ founder Changpeng Zhao (CZ) shared his feelings in a statement on social media: It's impossible to explain in words how BNB has grown from an initial coin offering (ICO) price of $0.10 8 years ago to $1000 ￰1￱ a community member and BNB holder, I'd like to thank everyone in the BNB and crypto ￰2￱ had our challenges, but we worked, we built, and we didn't ￰3￱ is pure community ￰4￱ is just the beginning, together we'll reach the next 10,000x. Related News: Coinbase Announces Collaboration with This Altcoin, Price Volatility High!

The rise in BNB has also seen early investors reap extraordinary rewards. On-chain data reveals that a “diamond-handed” investor with address 0x8503 purchased 999 BNB for less than $1,000 approximately eight years ago. Today, that amount is worth approximately $1 million, and the investor has made a 1,000x ￰5￱ more striking is another long-term investor who holds 29,440 BNB (approximately $29.28 million). This whale has made $28.8 million in profits from holding the assets for seven ￰6￱ investor, who previously withdrew 71,861 BNB from Binance for approximately $1 million, later reinvested 42,421 BNB back into the exchange. *This is not investment ￰7￱ Reading: BNB Surpasses $1,000 for the First Time in Its History, CZ Makes First Statement