CZ Publicly Reveals Donation Address Asset Balance Drops to Around $1.85 Million After Burning Part of the Tokens

BlockBeats News, on March 31st, according to @ai_9684xtpa's monitoring, after CZ publicly destroyed a portion of tokens from the donation address, the asset balance decreased to around 1.85 million USD, with BNB being the top asset (1780 tokens), and the Meme coin asset proportion dropping to 42%. It is uncertain whether CZ will proceed to destroy the remaining Meme coins. Following this news, the three tokens that were destroyed briefly saw an increase in price, which was then retraced.

Previously reported by BlockBeats, according to Arkham's monitoring, CZ's donation wallet destroyed $1.1 million worth of Broccoli (0xa14), $540,000 worth of Broccoli (0x6d5), and $1.95 million worth of Tutorial tokens.