CZ said he will stop using a wallet address after attempts to burn meme coins from it sparked extensive community discussion. In a post on Binance Square, he said he was testing Trust Wallet and found so many meme coins in the wallet that even BNB was hard to locate, prompting him to destroy some tokens. He said blockchain transparency made every move from the address subject to overanalysis, and added that burning more tokens would only encourage others to send more to the same wallet. His plan is to donate the BNB and the "Binance life" tokens bought with BNB to Giggle Academy, then leave the address unused so it effectively becomes a burn address.