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Binance Rakes in $186 MM in Profits in Q3 2019; Burns 2.1 MM Binance Coin [BNB]

Binance, in a recent update, announced that it has completed its 9th BNB Token Burn. A total of 2.1 BNB coins have been burnt. The figures are more than Q2 and Q3 combined. Profits Worth $186 Million Made by Binance in Q3 Binance burns 20% of its profits every quarter. Thus, it can be deduced

Binance, in a recent update, announced that it has completed its 9th BNB Token Burn. A total of 2.1 BNB coins have been burnt. The figures are more than Q2 and Q3 combined. Profits Worth $186 Million Made by Binance in Q3 Binance burns 20% of its profits every quarter. Thus, it can be deduced

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BNB
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2.29 M BNB Transferred To Unknown Wallet- Is A Token Burn in Process?

Per a recent tweet by Whale Alert, a live tracker of large crypto transactions for top 10 cryptos, 2.29M BNB ($41.86M) has been transferred from Binance to an unknown wallet.  Binance’s Quarterly Token Burn  With such a large amount of BNB transferred to an unknown wallet is a hint big enough to say that these

Per a recent tweet by Whale Alert, a live tracker of large crypto transactions for top 10 cryptos, 2.29M BNB ($41.86M) has been transferred from Binance to an unknown wallet.  Binance’s Quarterly Token Burn  With such a large amount of BNB transferred to an unknown wallet is a hint big enough to say that these