Binance has completed its 24th BNB burn, destroying approximately $485 million worth of BNB.

BlockBeats reported on July 19th that Binance has completed its 24th quarterly BNB burn, in accordance with its automatic BNB burn mechanism. A total of 1,991,854.33 BNB were burned this time, worth approximately $485 million. This includes 747.51 BNB that were effectively burned as part of the BNB Pioneer Burn Program.