CZ Burns 700M CZ and 400M TCC Tokens, Citing Wallet Cleanup
2026-07-13 15:06

Woofun AI reports that CZ transferred 700 million CZ and 400 million TCC tokens to a black hole address from a donation wallet. He explained on X that the action was a simple wallet cleanup, noting he had not accessed the account in a long time and found it cluttered with tens of thousands of tokens. He stated that sending the assets to a black hole was more effective than returning them to his own address due to interface issues. Following the transaction, both CZ and TCC experienced varying degrees of price increases.

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