#Binance burned another $636 million worth of tokens
WANT THE TRUTH? Read:
This sum don't correspond to reality - no, this is a lie, the truth is simply not obvious.
Do you think they really burned $6 billion since 2018?
No. Selling tokens for an additional $6 billion was unrealistic. There is simply no infinite money in the market.
Therefore, all these funds are conditional. They don't exist. Imagine the head of a corporation. He has $1 billion in stocks, but if he just sells at least 20%, the remaining 80% isn't a fact that will be worth even $10 million...
This phenomenon is positive. Reducing the drool is a good thing. The only thing is, if they just burn commissions or a certain pool of tokens that were not in the market, it has no effect on the asset at all.
$BNB $TWT $SOL #BitcoinETFđ°đ°đ° #BitcoinMoves #MANTA #ALT