GateToken (GT) Kicks Off H2 with Suspected Q2 Burn — Nearly 2M GT Sent to Burn Address

The second half of 2025 is officially underway — and with it, exchange token burns are once again in focus.

Just 17 hours ago, #GateToken ($GT) appears to have completed its Q2 burn, sending 1,922,789.19 GT to the project’s official #burn address. While we’re still waiting on an official confirmation from Gate, the on-chain data speaks loud and clear.

With this latest move, Gate has now burned a total of 180 million GT to date — a significant step in its long-term deflationary model.

Suspected Q2 Burn Transaction

Burn Address:

0x2b8F8d19F5ba3bEc5B44dEDeD3818a427895f308

Whether you're a holder or a market watcher, it's clear: #GT is tightening supply, one quarter at a time.