| Time | Details |
|---|---|
| 2024-12-07 11:27 |
BGB Experiences Significant Price Surge Amid Increased On-Chain Activity
According to EmberCN, the price of BGB has experienced a substantial increase, rising from $2.2 to $2.9 in a short period. This surge is accompanied by increasing visibility of Bitget in on-chain data, particularly in addresses associated with market makers and whales. This trend suggests growing interest and activity around BGB among significant market participants. (Source) |
| 2024-12-12 10:20 |
Whale Withdraws $6.9M in BGB from Bitget
According to EmberCN, a whale moved 2 million BGB tokens, valued at $6.9 million, from Bitget to an on-chain address one hour ago. This follows a previous transaction 21 days ago, where the whale transferred 5 million USDC into Bitget. It is speculated that the whale may have used the USDC to purchase the BGB tokens, which would imply a cost of $2.5 per BGB. Currently, this positions the whale with an unrealized profit of $1.9 million. (Source) |
| 2024-12-27 09:30 |
Battle of Platform Tokens: $HYPE and $BGB Lead the Charge
According to Ai 姨, the competition among platform tokens is heating up, with $HYPE taking the lead and $BGB following closely. The performance of major exchange tokens in 2024 will be crucial, and Ai 姨 has compiled data on whether these tokens have outperformed Bitcoin over 1-year, 3-month, 1-month, and 7-day periods. Additionally, insights into the dividend and burn mechanisms of these tokens are provided, along with the market share status of major exchanges. (Source) |
| 2024-12-27 10:16 |
BGB Token Supply Reduction and Future Burn Plans
According to Ai 姨, BGB has announced a major token burn mechanism. The initial burn will eliminate 800 million BGB tokens held by the core team, which constitutes 40% of the total supply. This will reduce the total supply to 1.2 billion BGB tokens, all of which will be fully circulating. Starting in 2025, BGB plans to conduct quarterly burns, using 20% of profits for buybacks and burns. (Source) |
| 2024-12-27 10:52 |
Bitget's Strategic Moves Boost BGB Token Popularity
According to EmberCN, Bitget has been implementing a series of strategic actions that have significantly boosted the popularity of the BGB token, making it one of the most discussed tokens currently. There is speculation that the token burn will be conducted through a specific address that has accumulated 564 million BGB tokens, accounting for 28.2% of the supply, over the past two weeks. (Source) |
| 2024-12-27 10:16 |
BGB Token Supply Reduction and Future Burn Plans
According to Ai 姨, BGB has announced a significant token burn mechanism. The initial burn will eliminate 800 million BGB tokens held by the core team, which constitutes 40% of the total supply. This action will reduce the total supply to 1.2 billion BGB, achieving full circulation. Additionally, starting in 2025, BGB plans to conduct quarterly burns using 20% of its profits for buyback and burn operations. (Source) |
| 2024-12-27 10:52 |
Bitget's Strategic Moves Boost BGB Popularity Amidst Token Accumulation
According to EmberCN, Bitget has been implementing a series of strategic moves that have significantly increased the popularity of the BGB token, making it one of the most discussed tokens currently. There is speculation that a specific address, which has accumulated 564 million BGB tokens (28.2% of total supply) over the past two weeks, might be used for token burning. This accumulation and potential burning could impact the token's market dynamics. (Source) |
| 2024-12-30 07:25 |
Significant BGB Token Burn Completed
According to Ai 姨, a total of 800 million BGB tokens, valued at $5.2 billion, have been successfully burned over the past hour. The burn was conducted through five multi-signature addresses, indicating a significant reduction in circulating supply. (Source) |
| 2024-12-30 07:25 |
Significant BGB Token Burn Completed
According to Ai 姨, a significant token burn of 800 million BGB, valued at $5.2 billion, has been completed in the past hour. This was executed through five different multi-signature addresses, indicating a substantial reduction in the circulating supply of BGB. (Source) |
| 2024-12-30 07:18 |
BGB Token Burn Initiated by Bitget
According to Ai 姨, the first burn of BGB tokens has commenced. Approximately an hour ago, a multisig address 0xe36...74E62 transferred 220 million BGB tokens, worth $1.4 billion, to a dead address for burning. The source of the funds traces back to Bitget's token deployment address. Three days ago, Bitget released a new whitepaper announcing the initial burn of 800 million BGB tokens, accounting for 40% of the total supply. It appears that the burn process has started in batches via the multisig address. (Source) |
| 2024-12-30 07:18 |
Bitget Initiates First BGB Token Burn
According to Ai 姨, Bitget has begun its first BGB token burn. An hour ago, a multi-signature address 0xe36...74E62 transferred 220 million BGB tokens, valued at $1.4 billion, to a dead address for burning. The source of these funds traces back to Bitget's token deployment address. Three days ago, Bitget released a new whitepaper announcing the plan to burn 800 million BGB, which is 40% of the total supply. It appears the burn process has started in batches via multi-signature addresses. (Source) |