A burn worth
#BNBBurn 1.2 billion dollars is being discussed, but only 1.25% of the supply is gone. So why hasn’t the price fallen or soared?
📌 The actual figures (official BNB Chain blog + Binance Market Data, 23.10.2026):
- 37th quarterly burn: 1,646,196.44 BNB (~1.197 billion dollars)
- Total supply remaining: 131,512,085 BNB (target: 100 million)
- Previous quarter (July): 1,615,827 BNB / 931.7 million dollars
- In other words, while the number of tokens increased by only +1.9%, the dollar figure grew by +28.5%. Most of the difference is due to price—not a larger burn.
📉 Technical analysis (BNB/USDT, 4-hour):
- Price: 738.19 USDT, 24h -0.36%
- SMA20 737.98 | EMA12 736.65 | RSI 48.9 (neutral)
- Bollinger bands: 723.8 - 752.2
- Support at 700-706, resistance at 750-752; if that breaks, the next target is 810
🐋 On-chain and flow evidence:
- 1.65 million BNB went to a dead address and cannot be recovered
- At this rate, it will take ~19 quarters (~4.8 years) to reach the 100 million target
- The real positive signal isn’t the burn: BNB Chain TVL is 5.93 billion dollars, and 7-day DEX volume is 6.19 billion dollars (+35.8%)
🎯 Plan: No need to rush within the 700-752 range. If it continues to hold above 700, 752 and 810 could be targets; below 700, the 680s are at risk. Focus not on the burn headline, but on whether TVL and DEX volume continue to grow. Neutral in the short term, slightly positive in the medium term.
📌 What do you think will move BNB most: quarterly burns or on-chain volume? Let’s discuss in the comments.
$BNB #BNBBurn #Crypto #DeFi #BinanceSquare
This is not financial advice.