Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
CZ’s BNB-Heavy Portfolio Looks Rough as Ecosystem Tokens Slide: BNB, TWT, CAKE, TST Price Analysis

CZ’s BNB-Heavy Portfolio Looks Rough as Ecosystem Tokens Slide: BNB, TWT, CAKE, TST Price Analysis

CoinEditionCoinEdition2025/02/24 16:00
By:Izabela Anna

CZ’s portfolio shows strong confidence in BNB, with 98.5% allocation in the token. BNB struggles to hold $630 support as selling pressure increases amid market decline. BNB ecosystem tokens face losses, with CAKE and TST seeing sharp bearish trends.

  • CZ’s portfolio shows strong confidence in BNB, with 98.5% allocation in the token.
  • BNB struggles to hold $630 support as selling pressure increases amid market decline.
  • BNB ecosystem tokens face losses, with CAKE and TST seeing sharp bearish trends.

Binance founder Changpeng Zhao (CZ) shared his portfolio, showing an overwhelming allocation to Binance Coin (BNB). 

His Binance account holds 98.5% in BNB and 1.5% in Bitcoin (BTC). This portfolio structure clearly shows his confidence in the BNB ecosystem. 

However, it is likely that he holds substantial amounts of other BNB-related tokens, like Trust Wallet Token (TWT), PancakeSwap (CAKE), and Test Token (TST), in different accounts. His strategic positioning strongly suggests faith in Binance’s long-term growth and its ecosystem.

BNB Price Struggles to Hold Support

BNB is currently trading at $636.78 , reflecting a 2.62% drop in the past 24 hours. 

The market capitalization is at $90.72 billion, also down by 2.63%. Trading volume has gone down by 11.20%, indicating less market participation. 

CZ’s BNB-Heavy Portfolio Looks Rough as Ecosystem Tokens Slide: BNB, TWT, CAKE, TST Price Analysis image 0 CZ’s BNB-Heavy Portfolio Looks Rough as Ecosystem Tokens Slide: BNB, TWT, CAKE, TST Price Analysis image 1 Source: CoinMarketCap

BNB Faces Bearish Pressure, Support at $630 in Sight

The price initially looked stable before peaking at $653.65, after which a sharp sell-off took place. 

The ongoing downtrend suggests bearish sentiment, with the price finding it hard to stay above key support levels. If this trend keeps up, BNB could test the $630 support level, while resistance remains near $655.

Bitcoin Price Drops Despite Trading Volume Surge

BTC has also experienced a price decline, falling to $94,587.59 , down 1.15% in the last 24 hours. 

Despite the downturn, trading volume jumped by 83.05%, showing heightened investor activity. The price first tried to rally, peaking at $95,710 before being turned away and reversing downward. 

CZ’s BNB-Heavy Portfolio Looks Rough as Ecosystem Tokens Slide: BNB, TWT, CAKE, TST Price Analysis image 2 CZ’s BNB-Heavy Portfolio Looks Rough as Ecosystem Tokens Slide: BNB, TWT, CAKE, TST Price Analysis image 3 Source: CoinMarketCap

Strong volatility is evident, as BTC moves back and forth between gains and losses. Key resistance levels are around $95,710 and $96,500, while support at $94,000 and $93,500 could determine the next price movement. If BTC fails to hold support, further downside toward $92,500 is likely.

BNB Ecosystem Tokens Mirror Bearish Sentiment

The BNB ecosystem tokens have shown mixed performance. Trust Wallet Token (TWT) is trading at $1.01 , down 2.97%, while its trading volume has increased by 17.66%. 

CZ’s BNB-Heavy Portfolio Looks Rough as Ecosystem Tokens Slide: BNB, TWT, CAKE, TST Price Analysis image 4 CZ’s BNB-Heavy Portfolio Looks Rough as Ecosystem Tokens Slide: BNB, TWT, CAKE, TST Price Analysis image 5 Source: CoinMarketCap

TWT Price Downtrend, $1 Support Level Vulnerable

The price tested resistance at $1.04 before getting turned back, leading to a downtrend. 

If support at $1.00 fails, further downside to $0.99 or $0.95s is possible.

CAKE Price Decline Steeper, Market Interest Wanes

PancakeSwap (CAKE) has seen a sharper decline, currently priced at $2.34 after falling 5.17% in 24 hours. 

Trading volume has fallen sharply by 62.69%, indicating lower market participation.

CZ’s BNB-Heavy Portfolio Looks Rough as Ecosystem Tokens Slide: BNB, TWT, CAKE, TST Price Analysis image 6 CZ’s BNB-Heavy Portfolio Looks Rough as Ecosystem Tokens Slide: BNB, TWT, CAKE, TST Price Analysis image 7 Source: CoinMarketCap

CAKE is getting close to its immediate support at $2.32, and if it fails to hold, further declines toward $2.25 are expected. Resistance remains at $2.48 and $2.50.

TST Plummets, Buyer Interest Dries Up

Test Token (TST) has suffered the most significant drop, plunging 21.89% to $0.08735 . 

Trading volume has dropped significantly by 68.55%, reflecting reduced buyer interest. 

CZ’s BNB-Heavy Portfolio Looks Rough as Ecosystem Tokens Slide: BNB, TWT, CAKE, TST Price Analysis image 8 CZ’s BNB-Heavy Portfolio Looks Rough as Ecosystem Tokens Slide: BNB, TWT, CAKE, TST Price Analysis image 9 Source: CoinMarketCap

The price is still trending downward, with no strong rebound attempts. If TST breaks below $0.085, further losses toward $0.080 could follow.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

ESUSDT now launched for futures trading and trading bots

Bitget Announcement2025/07/16 11:12

New spot margin trading pair — CROSS/USDT, TAC/USDT!

Bitget Announcement2025/07/16 08:07

Subscribe to TANSSI Savings and enjoy up to 15% APR

Bitget Announcement2025/07/15 11:00

TACUSDT now launched for futures trading and trading bots

Bitget Announcement2025/07/15 10:40