Techub News reported that X user @ai_9684xtpa said a donation-related wallet linked to Changpeng Zhao sent 700 million Zhao Changpeng tokens and 400 million TCC tokens to a burn address about five minutes earlier, removing a total of 1.1 billion tokens from circulation. The post said the wallet had previously been used mainly for charitable donations. After the on-chain transfers, prices of both tokens moved higher by varying degrees, drawing market attention. The update was presented as a short market note based on observed on-chain activity and the social media post cited by Techub News.
Techub News said X user @ai_9684xtpa reported that a donation wallet associated with Changpeng Zhao sent 700 million Zhao Changpeng tokens and 400 million TCC tokens to a burn address around five minutes earlier, for a total of 1.1 billion tokens burned.
According to the report, the wallet had previously been used mostly for charitable donations. The on-chain transfers drew market attention, and prices of both tokens rose to varying degrees after the burn.
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