CoinInsight360.com logo CoinInsight360.com logo
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
BitcoinSistemi 2025-02-23 06:34:10

Binance Founder Changpeng Zhao Talks About the Fate of a Large Amount of Tokens He Was Given as a Gift: Burn or Sell? Involves 15 Altcoins

Binance founder Changpeng Zhao (CZ) has turned to the crypto community for advice on how to handle the unexpected accumulation of more than $1 million in a donation wallet address he previously used. In a post on the X platform, Zhao explained that the address he initially donated around $100,000 (equivalent to 150 BNB) to has since received more than $1 million in various returns from users. Zhao explained that he would not be keeping any of the funds for himself, and asked for suggestions on how best to allocate them. “I will not keep any tokens for myself. What should I do with these funds? Add them to liquidity pools? Airdrop them? Donate them to charity? Send them to a destruction address? Any other ideas?” Zhao wrote. To prevent spam replies, Zhao limited replies to users she follows and warned that she would unfollow anyone who spammed the thread. She also rejected personal requests for funds and said any action should benefit a community rather than individuals. Related News: Unusual Rumor: Kanye West and Binance Founder CZ to Partner for New Memecoin? With Subtle Details Regarding the original donation, Zhao explained that the recipient was a college student who had been earning from BNB and actively supporting the BNB ecosystem. The student used his own funds (rumored to be $50,000) to help others, which encouraged Zhao to contribute to the initiative as well. Zhao's assets in this wallet are: BNB: 862,084 ($577,680) BROCCOLI: 10.143M ($588,460) HOLD: 45.586M ($97.520) SIREN: 921.0610 ($63,540) GOUT: 200M ($13,770) BABYBROCCOLI: 5M ($8,850) ZHOA: 10M ($6,730) MANYU: 30M ($4,920) HINAGI: 10M ($4,890) QUACK: 5T ($3,030) COMA: 44,444 ($2.90) FOUR: 4.444M ($2.470) BANANA: 1M ($1,770) TCC: 749,417 TCC ($1,210) BABYNEIRO: 307,781T ($1,180) *This is not investment advice. Continue Reading: Binance Founder Changpeng Zhao Talks About the Fate of a Large Amount of Tokens He Was Given as a Gift: Burn or Sell? Involves 15 Altcoins

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.