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.