Binance burns 1.64M BNB worth over $1.2B in 37th quarterly burn
- —1.64 million BNB destroyed in the 37th quarterly burn
- —Value of burned tokens exceeded $1.2 billion
- —The burn cuts the circulating supply of BNB
Why it matters: Reducing BNB supply supports scarcity and affects how holders value the token.
Source: Siam Blockchain
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