Should I talk to my friend with benefits?

I have a friend that I've known for so long.. for the last four months we got really closer and somehow we started a friends with benefits thing... he told me once that his last relationship was so toxic that he can not be with someone because he's afraid it would happen again... we were just friends when he told me that and I didn't have any feelings for him but now I started to feel something and I think he does too... we are too close, we see each other almost everyday... we kiss we cuddle, hold hands for too long... I am not sure what to do and I'm afraid if I talk to him I'd scare him off

Should I talk to my friend with benefits?
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