#Binance burned 2.14 million#BNBin the last three months, bringing the total BNB burn to 25.
The exchange's native cryptocurrency, BNB, completed its twenty-fifth fuel transaction on October 16, according to a post on the Binance website. Because BNB
Thanks to the automatic burning process, 2,139,182 BNB worth $453,000,000 were removed from circulation.
This was the eighth fuel operation using Binance's automatic combustion system and was completed successfully. The amount of BNB to burn is calculated by the automatic burn mechanism based on BNB pricing and the number of blocks created over three months.
To this end, Binance plans to burn 100 million BNB, or almost half of the total 200 million BNB supply.
$BNB Burn data shows that Binance conducted a BNB Coin fuel operation on October 16, where between 25 and 50.29 million BNB were burned.📊💹
