Untouched BNB Donation Meant For Malta Cancer Patients Balloons From $200,000 To $37 Million As Crypto Hits New Highs

Coinbase executive and on-chain analyst Conor Grogan drew attention Monday to the sharp rise in market value of untouched BNB (CRYPTO: BNB) originally donated to help cancer patients in Malta.

BNB Charity Fund Swells

In an X post, Grogan shared that a 2018 donation of $200,000 in BNB to Malta’s terminal cancer fund has appreciated to a staggering $39 million due to the cryptocurrency’s record-breaking run.

The funds, donated by Binance and cryptocurrency users, have never been withdrawn, he added.

On-chain analytics firm Arkham estimates the charity’s total holdings at $37.86 million as of this writing, with BNB tokens accounting for virtually all of it.

Full story available on Benzinga.com