DeFi· ★★★· bullish·

BNB Chain burns 1.646M tokens in 37th quarterly burn

  • —1.646M BNB burned, supply now 131.51M tokens
  • —Over two-thirds of the reduction toward the 100M target is done
  • —Exchange withdrawals ran 11 days straight, netflows -$2.35M
  • —BNB trades near $739.55, holding $708.48 support
Why it matters: Shrinking supply and steady exchange outflows tighten BNB's float, though a break above $800 still needs fresh demand.
Source: AMBCrypto