WhiteBIT Coin (WBT): 131,188 tokens burned in October, what you can do now

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.WhiteBIT took 31,847 WBT off the market for 2,499,639 USDT on October 25, the smallest of the four October buybacks. The buyback hangs on 33 percent of trading fees, and the price sits 12.4 percent below its all-time high.WhiteBIT took more of its own tokens off the market and destroyed them on October 25, 2026: 31,847 WBT worth 2,499,639 USDT, according to the exchange's buyback overview. It was the fourth buyback of the month and the smallest of all four, by number of tokens as well as by value. If you hold WBT, this is the single most important metric for the token, because WBT has no protocol earning fees and no staking yield from a network. Its value rests on a promise by the exchange: a share of its revenue flows into the buyback and permanently reduces supply. If that flow shrinks, so does the argument. The buyback of October 25: 31,847 WBT for 2,499,639 USDT The exchange lists its buybacks in a public overview. The entry for October 25 names 31,847 WBT and 2,499,639 USDT...