Odaily News BNB hit an all-time high during the first week of Binance co-founder CZ's four-month sentence in the United States, making CZ the richest person in the history of U.S. federal prison. According to Coingecko data, BNB climbed to a high of $717.48 last Thursday, with a market value of $109 billion, and has more than doubled since the beginning of the year. Kaiko analyst Dessislava Aubert said BNB's recent gains were foreshadowed in the derivatives market trading pattern in late May, with spot demand starting to pick up in June and buying continuing to exceed selling between June 2 and 5. She said BNB is traded on more than a dozen centralized exchanges, "unlike other exchange tokens that are traded almost exclusively on their affiliated platforms." Binance still accounts for 85% of global BNB trading volume. According to the Bloomberg Billionaires Index, CZ is currently ranked 40th on the world's rich list, with his net worth increasing by $4.1 billion to $38.5 billion in 2024. CZ once revealed in an interview in 2021 that most of his net worth is denominated in BNB. Although he has never disclosed how much BNB he owns, according to the white paper of the BNB ICO in 2017, 80 million BNB were allocated to the founding team, which is currently worth about US$56 billion. (Fortune)