Whales have recently accumulated large amounts of $BGB, and Bitget has destroyed 43% of the total supply

According to Deep Tide TechFlow news on August 13, whale addresses have recently been accumulating $BGB in large amounts, as monitored by the on-chain analysis platform Lookonchain (@lookonchain). Address 0x8900 withdrew 192,668 $BGB (approximately $936K) from Bitget in the past two months; address 0x171D withdrew 30,607 $BGB (approximately $134K) two days ago; address 0x7C9C withdrew 20,980 $BGB (approximately $102K) in the past three months.

It is worth noting that Bitget has destroyed a total of 860 million $BGB (approximately $5.25 billion) over the past eight months, reducing the total supply by 43%. These large withdrawal activities coincide with the platform's ongoing token destruction plan, demonstrating the market's continued interest in $BGB.