Obviously, such a question is also of interest to Changpeng Zhao, whose fortune in 2022 was estimated at $96.6 billion, and now, according to Bloomberg, is only $17.3 billion. And the main reason for this is that CZ is the largest holder of BNB coins and probably knows that you should not rush to sell your coins.
Regulators weighting in on Binance, has made the game more difficult for CZ. Especially the US' SEC with its aggresive stance against crypto. This has negatively impacted market prices for BNB. Unless the SEC stands down, don't expect the cryptocurrency to gain traction anytime soon. Despite the recent turbulence, Binance is still the largest crypto exchange in the world.
I believe CZ can recover his fortune once the market turns bullish again. Friendly crypto regulations will allow him to expand his company's operations even further. It would be wise to buy BNB now while it's cheap before the huge "pump". Who knows if in the next 5 years BNB finally gets past $1k? Just my thoughts
CZ isn't giving up, which is the main thing and is what makes people stay optimistic about the future of BNB because as long as Binance stands tall, BNB will have the potential to come out from all these difficulties and finally start gaining value again. If the SEC becomes successful and compels CZ and Binance to give up and let the SEC win, BNB will have to suffer the consequences of being the utility coin of the platform, and there will be no surviving for it then.
So, at the end of the day, the faith of BNB is bound with the success of Binance in the future. If it manages to maintain its position and stays the top centralized exchange of the industry, BNB will gain traction once again, but if things go the other way around, I'm afraid BNB investors and holders, including CZ himself, will have to suffer.