Key Points:

Binance founder Changpeng Zhao (CZ) confirmed via X on Monday that he had sent several high-value tokens from his address to a burn address – a type of wallet used to remove assets from circulation permanently.

According to CZ’s post, the value of tokens transferred ranged from six to seven figures. He noted that while some AI tools exist to automate this type of token removal, they have not undergone a full security review. CZ said he would complete the remaining transfers at a later time.

Sent a few high-value tokens (6 or 7 figures) on my address to a burn address.

There are a few new AI solutions to automate this, but they have not been security reviewed. Will do the rest later.

Please do not send more tokens to the address expecting an interaction. https://t.co/uBInr4fboX

— CZ 🔶 BNB (@cz_binance) March 31, 2025

“Sent a few high-value tokens (6 or 7 figures) on my address to a burn address,” CZ wrote, adding a request: “Please do not send more tokens to the address expecting an interaction.”

On-chain data shows the burn included:

• $1.95 million in TUT

• $1.1 million in Broccoli (caAb)

• $546,000 in Broccoli (6714)

Sending tokens to a burn address effectively removes them from circulation, reducing total supply. This is a common practice in crypto tokenomics to adjust supply and potentially influence price.

The BNB Chain has seen a growing wave of meme tokens, and two of the most notable in recent days are “Broccoli” and “Tutorial” (TUT).

These tokens rose in popularity as part of a broader memecoin trend tied to Binance founder Changpeng Zhao (CZ) and his public engagement with the ecosystem.

The Broccoli tokens gained momentum largely through community speculation after CZ publicly mentioned his dog named Broccoli, sparking the launch of several unrelated tokens under the same name.

TUT, or “Tutorial,” launched in early 2025, was born out of a viral tutorial video that showed how to create and deploy a token on BNB Chain.