{"id":154267,"date":"2025-03-29T12:00:58","date_gmt":"2025-03-29T10:00:58","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=154267"},"modified":"2025-03-29T03:08:30","modified_gmt":"2025-03-29T01:08:30","slug":"binances-zhao-sparks-speculation-with-suggestion-to-burn-altcoins-in-public-wallet","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/binances-zhao-sparks-speculation-with-suggestion-to-burn-altcoins-in-public-wallet\/","title":{"rendered":"Binance&#8217;s Zhao Sparks Speculation with Suggestion to Burn Altcoins in Public Wallet"},"content":{"rendered":"<p>Zhao posed a question on social media asking if there was a quick way to burn all the tokens in a Binance Smart Chain (BSC) address, which led to widespread curiosity about his intentions with these assets.<\/p>\n<p>It&#8217;s essential to clarify that Zhao did not personally purchase most of these tokens. Instead, many were sent to his wallet by altcoin developers seeking to garner attention for their projects.<\/p>\n<p>In response to a suggestion that he send these tokens to a burn address, Zhao noted that his wallet contains over 100 different altcoins, making the idea of manually sending them one by one to a burn address a tedious task.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/is-the-u-s-government-quietly-selling-bitcoin\/\" title=\"Is the U.S. Government Quietly Selling Bitcoin?\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/crypto-usa-1-240x170.jpeg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Is the U.S. Government Quietly Selling Bitcoin?<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Zhao\u2019s public wallet is known to hold a diverse mix of assets, including meme tokens and obscure altcoins, with some of the more notable holdings having considerable value. The largest holdings in his wallet include:<\/p>\n<ul>\n<li>HOLD \u2013 $1.79 million<\/li>\n<li>BROCCOLI \u2013 $1.73 million<\/li>\n<li>Binance Coin (BNB) \u2013 $1.07 million<\/li>\n<li>MUBARAKAH \u2013 $654.06 thousand<\/li>\n<li>QUQ \u2013 $148.82 thousand<\/li>\n<li>SIREN-2 (SIREN) \u2013 $59.72 thousand<\/li>\n<\/ul>\n<p>Other tokens in his portfolio include smaller amounts of various lesser-known assets, like BNBXBT, GOUT, and BANANA, with the overall total adding up to a wide range of altcoins.<\/p>\n<p>The question now is whether Zhao\u2019s comment hints at a future move involving these altcoins or if it\u2019s simply a passing remark in a light-hearted conversation. Either way, it has definitely caught the attention of the crypto world, leading to further speculation on the impact such a decision could have.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Changpeng Zhao, the founder of Binance, recently sparked a wave of speculation in the crypto community after hinting at the possibility of burning all the altcoins in his public wallet.<\/p>\n","protected":false},"author":1,"featured_media":3158,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[],"class_list":["post-154267","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Binance&#039;s Zhao Sparks Speculation with Suggestion to Burn Altcoins in Public Wallet - 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