Two-Thirds of BNB Supply Held by the Public, CZ Owns Less Than 1%: YZi Labs

Blockchain analytics firm YZi Labs has reported that Binance Coin (BNB) ownership has become widely “dispersed” across the ￰0￱ tokens have moved into self-custody and exchange-held public wallets. BNB’s Ownership Profile According to YZi Labs’ latest data, roughly 66-67% of BNB’s total supply is held by public participants, including exchange users and those in self-custody ￰1￱ 27% of the supply is controlled by the BNB Foundation, which maintains a burn reserve used for programmatic token burns, a mechanism designed to reduce supply and reinforce BNB’s deflationary model gradually. Meanwhile, Binance’s treasury accounts for about 4-5% of circulating BNB, which serves operational and custodial ￰2￱ founder Changpeng “CZ” Zhao personally holds less than 1% of the total ￰3￱ Labs held that the largest labeled wallets are primarily associated with burn, operational, or custody purposes, rather than control or speculative ￰4￱ firm said this distribution structure suggests that BNB has evolved into a broadly held, transparent asset, and a majority of its supply is managed through open, on-chain mechanisms rather than centralized ￰5￱ terms of its price action, BNB traded mostly between $1,000 and $1,300 over the past month, and faced significant volatility but maintained a generally sideways ￰6￱ token started the month near $1,008, and rose sharply in the first half of October to reach an all-time high above $1,300.

However, this rally was followed by a steady correction as prices declined toward the $1,050-$1,100 ￰7￱ as BNB struggled to regain its earlier highs, the token’s exposure to US markets appears to be expanding as new financial instruments such as BNB digital asset treasuries (DATs), ETFs, and listings on major exchanges like Robinhood and Coinbase provide indirect access for US-based ￰8￱ developments allow investors to gain exposure to BNB using fiat currencies without direct purchases. CZ’s Comeback In a related development, CZ was recently granted a “full and unconditional” pardon by US President Donald Trump, a move many industry observers believe could ease certain regulatory constraints for Binance tied to past US government cases.

However, the pardon quickly sparked ￰9￱ Senator Elizabeth Warren labeled the decision as “corruption” and alleged that he had financed Trump-linked crypto ventures before seeking ￰10￱ denied the accusations and clarified that there were no money laundering charges, only a Bank Secrecy Act violation, and accused Warren of spreading ￰11￱ also suggested that political bias under the Biden administration had influenced his prosecution.