WBT · a coin that cannot be printed, only destroyed.
WBT is the coin of the WhiteBIT exchange and the fuel of its own network, Whitechain — 117.96M circulating under a 400Mceiling that was set once and cannot be raised. There is no minting instruction in the coin's contract at all.
Sell pressure. Nothing was created. The only WBT that reached the market was 0.25M a single large holder sent to an exchange on Aug 6 2026.
Buy pressure. Twelve buy-and-burn rounds destroyed 0.64M WBT, paid for out of a fixed share of the exchange's own income.
Net. About 0.33% taken off the market over 90 days, and 0.54% next — the supply only goes one way.
- Weekly buy-and-burn rounds continue~0.64M destroyedAug 27 2026 – Nov 25 2026 · removed from market
WBT cannot be printed. Reading the coin's own contract, there is no way to create more of it — the only supply instruction it exposes is the one that destroys coins. Every WBT that will ever exist was created in two batches at launch, adding up to the 400M ceiling, and no new coin was created anywhere in this window.
There is nothing left to unlock. The staged release that shaped WBT's early years ran its course and finished earlier in 2026; the supply is now fully unlocked, so no cliff or calendar release falls inside this window or any window after it.
One large holder moved 250,000 WBT into an exchange wallet on Aug 6 2026 — the only release seen all window, and the same wallet's only other move this year was 900,000 back on Mar 31 2026. There is no schedule behind either. Watched alongside it: the nine other big holding wallets sit on 60.00M, 30.00M, two of 12.00M, two of 6.00M and three of 3.00M and did not move a single coin in 90 days, and a further 25.00M is parked at an address nobody can ever sign for. If any of those balances falls between refreshes, the outflow lands in this row at the next refresh.
No bankruptcy estate, trustee schedule or court-ordered distribution applies to WBT.
WhiteBIT spends a fixed slice of its own income buying WBT back and destroying it — 33% of what it earns on trading fees plus 5% of everything else. Twelve rounds closed inside this window and destroyed 639,475 WBT, the last of them 44,810 on Aug 24 2026. The coins are not parked in a treasury: they go to an address that removes them from the total for good, and the total fell by exactly that amount. WhiteBIT's published figures and the on-chain result agree to the coin.
There is no second, separate burn. WBT pays for transactions on its own network, and those fees go to the people running it rather than being destroyed. Everything that was destroyed in this window came from the buy-and-burn already counted, so it is counted once.
No discretionary open-market buying beyond the programme already counted above. No separate accumulation wallet grew in the window — monitored.
Nothing new was locked away. WBT has no vote-lock, no staking contract that holds coins hostage and no announced lockup, so nothing left the tradable float this way.
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