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Binance burns 1.65M BNB tokens worth $1.2B in 37th quarterly burn, reducing supply further.

Protocol Fundamentals
19 Oct 2026
UToday
View Source
Bullish
Binance burns 1.65M BNB tokens worth $1.2B in 37th quarterly burn, reducing supply further.

Binance completed its 37th quarterly burn of BNB tokens, permanently removing 1,646,196 tokens valued at approximately $1.197 billion from circulation. This burn reduces the total supply to 131,512,500 BNB and follows a transparent, formula-based process linked to BNB price and network activity. Regular burns aim to decrease supply over time, potentially supporting token value if demand holds or grows. The next burn is expected next quarter, with investors watching for trends in burn size.

BNB trades at Rp13.088.796 on Pluang as of Oct 19, 2026 20:02 WIB, showing a 1.26% increase in the last day. The circulating supply on Pluang matches the news figure at 131.5 million BNB, reflecting the recent token burn's impact on supply. Market activity on Pluang shows a strong buy interest with 63% of orders being buys, while the typical hold time is 89 days, indicating steady investor engagement.

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