Former Binance CEO, CZ (real name Changpeng), told Bloomberg that he had received multiple offers from buyers who are willing to offer him a high price to buy his shares in Binance.
CZ did not confirm nor deny if he planned to sell those shares, nor did he reveal how much he is willing to sell it for nor to whom he would be willing to sell it to.
Although CZ resigned as CEO, he still holds 90% of Binance's equity. Therefore, it is estimated that CZ holds 94 million BNB, accounting for 64% of the current circulation.
However, it would be impossible for CZ to cash out all the 94 million BNB all at once as such a large quantity cannot be digested by the market under normal circumstances.
Trump's victory over Kamala Harris has also driven many cryptocurrencies, including BNBs off the charts. With the amount of BNB CZ holds, his current net worth has surpassed $60 billion once again.
CZ notes that while he has yet to have a decisive plan to either sell or hold on to the equity forever, but is open to all the offers and is happy to review everyone of them even if he hasn't done anything with them thus far.