Binance Coin [BNB] hit an all-time high of $720 earlier this month. However, the asset's streak was cut short when BNB fell below $600. At the time of writing, the altcoin is trading as low as $583.77 after a daily decline of 3.55%. At current prices, BNB is 18.65% below its all-time high. Despite the current decline, holders of the asset are not too far away from reclaiming its All-Time High. But the real question is: who holds the most BNB?
According to research by Gary Wolf Analytics, more than half of the circulating BNB supply is owned by Changpeng Zhao, former CEO of Binance. The report revealed that CZ holds a total of 94 million BNB, equivalent to 64% of Binance Coin's entire supply. Binance's founding team was awarded a total of 80 million BNB tokens from a total supply of 200 million BNB during the company's founding in 2017. Currently, the exchange still owns 46 million of those tokens. CZ's assets don't end here. The former CEO also holds 71% of the 147 million BNB currently in use. In addition, he also has a 90% stake in the company.
