Hello,
My question is knowing that binance holds more than 83% of BNB how trustworthy or long term BNB can be?
How can you sure if binance was holding more than 83% from the total supply? 50% of BNB were going to the ico participants a few years ago.
i seen coins with much less percentage held by devs fall to 0, so how is BNB any different?
it caused by BNB has so many utility use case instead of another coin. Didn't you aware about this? Do i need to show you the proof?
should i be worried of this?, people are freaked out that Satoshi holds 4.6% of bitcoin but somehow Binance holding 83% is normal?. i am a long term holder in BNB, however after finding this facts i'm reconsidering my decision. i would like to hear what you guys think
I think that you must read about the binance tokenomic but it's not relevant again as binance has BEP2 chain and BEP20 chain. that means binance has two version at this time as native BNB and Binance smartchain. I guess those binance tokens were still on ethereum already swapped to the binance native chain or binance smartchain. that's why the total supply owned by binance on ethereum chain was increasing a lot.
BNB top holders:
0xbe0eb53f46cd790cd13851d5eff43d12404d33e8
0xf977814e90da44bfa03b6295a0616a897441acec
0x001866ae5b3de6caa5a51543fd9fb64f524f5478
I have been checking the wallet and i would like call that as hot wallet instead of cold wallet. I may wrong about this but it seems like those funds are still locked.