Changpeng Zhao (CZ), CEO of Binance, has initiated a significant token burn, transferring $1.95 million worth of TUT, $1.1 million worth of BROCCOLI (caAb), and $546,000 worth of BROCCOLI (6714) to a burn address. This action, totaling $359.7 million, is part of a broader effort to manage high-value tokens sent to his public address within the BSC ecosystem. The burn includes 45.59 million TUT tokens (4.5% of total TUT), 10.14 million BROCCOLI-6714 tokens (1% of total BROCCOLI-6714), and 798 million BROCCOLI-caab tokens (79.8% of total BROCCOLI-caab). CZ has indicated that more tokens will be processed later, advising the public not to send additional tokens to his address expecting any interaction. This move is seen as fueling the BNB memecoin season.