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Binance CEO Celebrates 25th Quarterly 2.1 Million BNB Burn, Price Recovers

source-logo  coingape.com 16 October 2023 13:10, UTC

Binance CEO Changpeng “CZ” Zhao took to X to celebrate the 25th quarterly burn with the crypto community. The world’s largest crypto exchange Binance burned 2.14 million BNB tokens worth $453 million in the 25th quarterly burn mechanism on October 16, according to the BNB burn portal. Traders reacted immediately to the burn making BNB price jump 3% in 24 hours.

coingape.com