Binance, the world's largest cryptocurrency exchange, has burned 2,020,132.25 BNB tokens in the 23rd quarterly BNB token burn mechanism, including 656.0230123 BNB burned through the Pioneer Burn Program. The exchange is aiming to reduce its circulating supply to 100,000,000 BNB through its BNB Auto-Burn procedure. With the latest burn, Binance has burned 46.148 million BNB tokens in total to date. Typically, the quarterly BNB token burn by Binance is generally followed by an increase in the BNB price, but the BNB price fell slightly after the burn, giving up earlier gains. 

(By Varinder Singh)