Binance has conducted its 11th quarterly burn, amounting to 3,373,988 BNB. Exchange permanently took away about $52.5M worth of BNB out of circulation. It’s a 35.2% increase from $38M in Q4 2019.

To date, a total of 20.12M BNB (equivalent to $298M) has been burned, representing about 10.1% of the total $200 million supply.

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