So, this long-term crypto investor-you know, the type who somehow kept his hands glued to his phone instead of freaking out-turned a mere $1,000 into $1 million. Yeah, a million bucks. And all by just holding onto some digital… whatever-you-call-it.
They call him a “diamond hand” holder, which sounds like either a superhero or someone who can’t figure out how to use gloves. Either way, this guy’s original $1,000 BNB investment from 2017 grew over a thousand times in eight years. That’s right, one thousand. Eight years! Patience is a virtue, or maybe just stubbornness. Who knows.
The investor bought BNB when it was about a buck a pop. You remember 2017, right? The year we all thought cryptocurrencies might either save or ruin mankind. According to some fancy blockchain data folks at Lookonchain, that’s the scoop.
And here’s the kicker: this guy still holds the tokens. Didn’t cash out. Not even a little. Data from Nansen, which is apparently the Sherlock Holmes of blockchain, says he’s still holding like it’s a vintage baseball card. Some people just don’t learn.
That near-million-dollar profit, by the way, came as BNB hit a new, shiny all-time high of $1,005 on a Tuesday-because why wouldn’t a crypto token peak on a Tuesday? According to CryptoMoon, the market’s buzzing with whispers about the next altcoin season. Altcoin season! Sounds like something they say at summer camp.
Three weeks ago, Raoul Pal, who’s the Global Macro Investor (fancy title!) and CEO, said the crypto market is hanging out in the “waiting room” before the next price party. He thinks the roller coaster won’t stop til 2026’s first or second quarter. Because if there’s anything we love, it’s waiting indefinitely.
He said on X (Twitter, for us normal folks) on August 29: “Our work suggests… the cycle extends into Q1 2026 and possibly Q2 2026 due to slow business cycle forcing more liquidity for longer.” Whatever that means, it sounds official.
BNB’s New High? It’s All About the “Utility” (Seriously)
BNB hit over $1,000 not because of magic, but because of actual “utility.” That’s the word from Marwan Kawadri, DeFi lead and head honcho at BNB Chain for EMEA. Utility sounds like “usefulness” in corporate-speak, which apparently means people actually want this token for stuff other than bragging rights.
BNB is “unique,” said Marwan. (Unique is the buzzword for “there’s no other like it.”) Investors-especially the big, scary institutional ones-are loving it thanks to “DATs” focusing on “high-quality assets” like BNB. I don’t know what DATs are either, but it sounds important.
“[BNB] continues to see strong growth momentum: more developers, more protocols, more capital, more users.”
Basically, it’s a self-feeding money-making machine, or as Marwan puts it, a “flywheel for the network.” Look, I don’t know about you, but I want whatever he’s having.
Changpeng Zhao, Binance’s co-founder and former CEO, basically said, “Watching #BNB go from 10 cents to $1,000 is something words can’t explain.” Yeah, maybe that’s because words are for normal people, and this is… crypto.
“We had our challenges along the way, but we worked hard, we built, and we held,” he added. It’s a nice little speech, if you ignore how many people sold out early and cried into their keyboards.
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2025-09-18 16:16