A recent interesting case has emerged in the crypto market, worth a deep analysis. An address that had been dormant for 8 years suddenly activated, holding 400,000 BNB. Based on the current market conditions, this address’s net worth has surpassed the 2 billion RMB mark.

After the news broke, the market reaction was predictable—many immediately speculated that this was a large-scale sell-off for cashing out. But the story took an unexpected turn: the holder did not sell any tokens but instead used BNB as collateral to borrow funds and purchased a property worth 5 million.

The wealth logic behind this operation is worth our careful consideration.

**Differences in Decision-Making Between Retail Investors and Whales**

Suppose you hold 400,000 BNB and plan to buy a property worth 5 million RMB. What is the most straightforward approach? Most retail investors’ first reaction would be: sell tokens for cash. After all, with so many tokens, selling a few hundred could cover the property payment, and the remaining can be held or traded, seemingly a win-win.

But this is precisely the core difference in asset allocation between retail investors and institutions/whales. The "sell tokens to buy property" logic, in the long run, is essentially a proactive abandonment of growth potential.

**Why You Shouldn’t Sell Tokens? The Ledger Tells You the Answer**

Looking at the numbers, buying a 5 million RMB property would require selling about 900 BNB at the current price. But what you lose is not just the 900 tokens themselves.

BNB, as an exchange ecosystem token, has a deflationary mechanism—platforms regularly burn a portion of transaction fee income, which directly supports the token’s long-term value. If you sell at this stage, you are essentially giving up future deflation benefits, ecosystem expansion gains, and potential price appreciation.

While real estate is a high-quality asset, its liquidity is limited, and future gains depend on rental income or appreciation. In contrast, BNB holders who choose to borrow to meet their capital needs benefit from the following core advantage: they can enjoy the asset allocation benefits of real estate while continuing to benefit from the growth potential of crypto assets.

**Why Are the Wealthy Keen on "Borrowing Money"?**

This involves a wealth principle often overlooked: when you own high-quality income-generating assets, borrowing money can often be more cost-effective than selling assets.

The logic of this BNB holder is: using 400,000 BNB as collateral, they borrow RMB from a lending platform to purchase property. The borrowing cost might be around 5%-8% annually, but the long-term growth prospects of BNB and the appreciation potential of the property often outweigh this cost.

In other words, this is not risky speculation but a smarter way to diversify assets—retaining the upside of crypto assets while gaining the stability of traditional assets. For those holding large amounts of high-quality tokens, this is a standard asset allocation approach.

**Insights for Beginners**

This case actually reflects a simple but profound principle: high-quality assets should be used to generate income. Many people work hard to accumulate some tokens and immediately think of "liquidating," but little do they realize that this is precisely the way to hinder their wealth growth.

Of course, this logic presupposes that you truly hold high-quality assets. For ordinary investors, the key is to maintain core positions in the early stages rather than trading frequently. True wealth growth often comes from the compound effect of holding high-quality assets long-term.