Binance just sent 1,646,196 BNB to an address nobody can spend from. At current prices, that’s about $1.197 billion in tokens gone for good.
This was the 37th quarterly BNB burn, and it ran directly on BNB Smart Chain (BSC). The figure comes from official data, and since burns happen on chain, anyone can check it.
A little bigger than last quarter
Recent burns have stayed in roughly the same range. The 36th burn removed 1,615,827 BNB and the 35th removed 1,569,307 BNB. Before that, the 34th took out 1,371,803 BNB and the 33rd took out 1,441,281 BNB.
So the 37th is slightly larger than the last few. Sizes dipped at the 34th and have been climbing slowly since.
Calling that a trend would be a stretch. The increase over the 36th burn is 30,369 BNB.
The early burns were far larger
A few years back the numbers looked very different. The 14th burn removed 3,619,888 BNB, and the 11th removed 3,373,988 BNB. The first one, at 986,000 BNB, was smaller than anything in the recent run.
Burn sizes have moved around a lot. The quarterly schedule hasn’t.
What’s left, and where it ends
After this burn, total BNB supply is 131,512,500. Supply has dropped with every burn since the first one, and the plan is to keep going until half of the original supply is gone.
Burned tokens come out of the total supply permanently. With fewer tokens around, each remaining one is a larger share of the whole. That’s the reason BNB holders watch every quarter’s number.
A formula sets the number
No one picks the burn amount by hand. The auto-burn system works it out from two inputs: the BNB price and the number of blocks BNB Chain produced during the quarter. A different price or a busier network gives a different result, so no two burns come out identical.
That makes the process easy to audit. The amount follows a published formula, the tokens land in a burn address on chain, and anyone can do the math themselves.
Supply cuts don’t set the price
Plenty of investors treat the burn schedule as a long-term plan to shrink supply. Fewer tokens in circulation can support the price over time, but only if demand stays flat or grows.
A burn doesn’t guarantee the price will go up. BNB can rise or fall for plenty of reasons that have nothing to do with how many tokens were destroyed this quarter.
What the 37th burn does show is that the project is still cutting supply on schedule, this time by more than $1 billion worth. The next burn is due next quarter, and holders will be checking whether the amount climbs again.
