Binance Completes 37th BNB Chain Burn: This Is How Many Tokens Were Burned

The thirty-seventh quarterly BNB token burn is done. It was achieved directly on BNB Smart Chain (BSC), and it eliminated a massive quantity of BNB from circulation for good. According to the official data, 1,646,196 BNB have been burned. At current prices, that quantity is worth about $1.197 billion. The tokens have been sent to a burn address, so no one can use them again. A burn gets rid of tokens from the total supply. When the supply goes down, every remaining token becomes a larger proportion of the whole. This is the primary reason BNB holders pay attention to each quarterly burn. After this burn, the rest of the supply stands at 131,512,500 BNB. That is the quantity still left in existence.