According to on-chain analyst @ai_9684xtpa monitoring, the multi-signature address starting with 0xe36 transferred 220 million BGB to the black hole address for destruction 1 hour ago, worth about $1.40 billion. Trace the source of funds forward, which is the Bitget token deployment address. Bitget has destroyed 800 million BGB through 5 multi-signature addresses in the past 1 hour, worth about $5.20 billion. Bitget announced a new white paper three days ago, which will destroy 800 million BGB for the first time, accounting for 40% of the total supply.