Web3
BNB Foundation Burns 1.64 Million BNB Worth $1.2 Billion in 37th Quarterly Auto-Burn
COINOTAG·October 19, 2026·1 min read
BNB Chain's 37th quarterly Auto-Burn removed 1,646,196.44 BNB worth about $1.197 billion on October 19, cutting total supply to 131,512,085 tokens. The burn reduces circulating supply, a deflationary mechanism that aims to increase scarcity over time. BNB's price impact was not specified in the report.
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