Binance Conducts Another Burn of 1.44 Million BNB Worth $1.2 Billion

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Binance Conducts Another Burn of 1.44 Million BNB Worth $1.2 Billion

The BNB Foundation has announced the successful completion of the 33rd quarterly burn of BNB tokens on the BNB Chain. During this procedure, over 1.44 million BNB coins were permanently removed from circulation, with a market value exceeding $1.2 billion at the time of the transaction.

This is reported by Finway

Details of the Quarterly BNB Burn

The transaction for the removal of tokens was recorded in the public ledger — users can verify the TXID. After this procedure, 137.74 million BNB remain in circulation, according to the emission balance data.

BNB Chain adheres to its strategy of gradually reducing the total supply of coins. At the launch of the platform in 2017, 200 million BNB were issued. Binance representatives remind us that the team is committed to reducing the number of coins in circulation to 100 million through regular burns.

“As long as 137.7 million BNB remain in circulation, the deflation program continues.”

Market Dynamics and Previous Burns

At the time of preparing this material, the price of BNB on the Binance exchange was $1153, and the market capitalization reached $158.7 billion. This allows BNB to maintain the fourth position in the cryptocurrency rankings according to CoinMarketCap.

Daily chart of BNB/USDT on the Binance exchange. Source: TradingView.

It is worth noting that throughout 2025, the BNB Foundation has already conducted three large-scale coin burns, removing over 4.81 million BNB from the market:

  • In January — 1.63 million BNB worth $1.16 billion;
  • In April — 1.57 million BNB worth $916 million;
  • In July — 1.59 million BNB worth $1.02 billion.

These regular steps are aimed at supporting the deflationary model of the cryptocurrency and the stability of its market.