Attention, Binance Square community and BTTC holders!
The news about the BitTorrent Chain network is monumental, and the on-chain data confirms it.
This October 2026, the BitTorrent Foundation has officially moved from planning to large-scale action with its first quarterly token buyback and burn event.
📊 Here are the exact audited figures:
Total Burned: A total of 21.62 TRILLION BTT tokens have been permanently removed from circulation and sent to dead addresses (burn addresses).
Market Value: This amount represents a capital investment of approximately $7.6 million, funded entirely by net revenue generated during the third quarter from BitTorrent Chain's decentralized services (BTFS, BitTorrent Speed, etc.).
Transparency: As always, the hashes of all burn transactions are public and verifiable on-chain, ensuring complete transparency.
🌱 What does this mean for BTTC's future?
This event marks the institutionalization of the ecosystem's deflationary mechanism. It means that real, direct capital flows derived from the network's actual utility are being used exclusively to reduce the massive circulating supply quarter after quarter.
In the long term, this structured deflationary pressure aims to mitigate the token's historically massive dilution. While short-term projections remain cautious due to the large remaining supply, the community is reacting positively to the real-world implementation of a sustainable economic model.
👇
What is your outlook for BTTC after this massive burn?
Do you see a direct short-term impact on the price, or do you think this is a long-term play?
We'd love to hear from you in the comments!
Don't forget to follow us for the latest updates.
#losfantasticosdeltrading #NexusWorld #TokenBurn
