Recently, the news that BNB destroyed $1 billion has been circulating in the square, which has attracted widespread attention and discussion. Many friends are confused by this seemingly huge good news, because despite such news, the price of BNB has not risen as expected, and even failed to stand firm at the $600 mark.
After checking the trading volume and total volume of BNB, it can be found that these data have not changed compared with last month, and the total volume is still 146 million. This shows that BNB has not been destroyed this quarter. In addition, no relevant destruction announcement was found in Binance's official announcement, only the 25th destruction announcement in October 2023. This indicates that the real destruction announcement may not be announced until next Monday working day.
As a loyal user of Binance, you can look forward to the official official announcement to confirm this news. At the same time, market fluctuations may be affected by many factors, including market sentiment, technical analysis, and macroeconomic environment. Therefore, investors should pay attention to the future trend of BNB and make rational judgments.