🔥 The burn is on again! BNB just burned $1.197 billion
Here’s the breakdown: The BNB Foundation just announced (at 18:06 Beijing time last night) that the 37th quarterly auto-burn is complete—
1,646,196.44 BNB sent straight to the black-hole address 0x0000…dEaD, permanently removed from circulation
Worth $1.197 billion at the time of the burn (official figure: $1,197,344,519.40)
That leaves 131,512,085 BNB remaining—just 31,512,085 away from the ultimate goal of 100 million
The amount burned is automatically determined by the price and the number of blocks produced on-chain. The formula is public, with no need for anyone to make the call manually
At the time of writing, BNB is trading at $724.90 (+1.85%; live Binance spot price on TradingView at 00:07)
Deflation is becoming an increasingly effective play. Do you think BNB will hit a new high?
The burn supports long-term scarcity, but short-term prices are still driven by sentiment—just a little reminder of the risk 😌
$BTC $ETH $SOL
For reference only; not investment advice
Here’s the breakdown: The BNB Foundation just announced (at 18:06 Beijing time last night) that the 37th quarterly auto-burn is complete—
1,646,196.44 BNB sent straight to the black-hole address 0x0000…dEaD, permanently removed from circulation
Worth $1.197 billion at the time of the burn (official figure: $1,197,344,519.40)
That leaves 131,512,085 BNB remaining—just 31,512,085 away from the ultimate goal of 100 million
The amount burned is automatically determined by the price and the number of blocks produced on-chain. The formula is public, with no need for anyone to make the call manually
At the time of writing, BNB is trading at $724.90 (+1.85%; live Binance spot price on TradingView at 00:07)
Deflation is becoming an increasingly effective play. Do you think BNB will hit a new high?
The burn supports long-term scarcity, but short-term prices are still driven by sentiment—just a little reminder of the risk 😌
$BTC $ETH $SOL
For reference only; not investment advice