## Bitget's Massive BGB Burn: 30 Million Tokens Destroyed Bitget exchange executed a significant BGB burn yesterday, destroying 30 million tokens, equivalent to approximately $130 million USD. This move aims to reduce the circulating supply of BGB and potentially increase its value. ## Consistent BGB Burning Strategy This recent burn is part of Bitget's ongoing strategy. Lookonchain data reveals that Bitget has burned a total of 860 million BGB, valued at a staggering $5.25 billion USD, over the past eight months. These burns are a key mechanism to control inflation and drive demand for the BGB token. The consistent burning of BGB showcases Bitget's commitment to the long-term health and value of its native token, potentially benefiting its users and investors. ```