ChainCatcher Message, blockchain data monitoring shows that Bitget token (BGB) has experienced a significant on-chain operation in the past hour. Specifically, the deployment address of BGB has cumulatively destroyed 800 million tokens through 5 multi-signature addresses, with a total value of up to 5.2 billion US dollars. This action has attracted widespread attention in the market, and investors are closely observing its potential impact on BGB's market capitalization ranking and market price. While token destruction is generally seen as a strategy to reduce circulating supply, its long-term effects still need further observation.