Binance has completed its 15th quarterly coin burn of Binance Coin (BNB)
1,099,888 BNB valued at $0.595 Billion was destroyed
The total supply of BNB reduced from 170.532 million to 169.432 million
The latest BNB coin burn was the largest to date
Earlier today, the crypto exchange of Binance carried out its 15th quarterly BNB coin burn. The event removed from circulation 1,099,888 BNB worth roughly $595.314 million at the time, thus becoming the most valuable Binance Coin burn to date.
With the recent coin-burn, the total supply of Binance Coin (BNB) reduces from 170,532,825 BNB to 169,432,937 BNB. The quarterly coin burns will continue until only 100,000,000 Binance Coin (BNB) are left in circulation