264.863 Bitcoin transfer: What it means for the UNUS SED LEO price

Published on 10/29/2026 at 13:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

iFinex links monthly burns to 27 percent of gross revenue. The UNUS SED LEO price is 9.0323 USD on October 29, 2026, up 0.02 percent.

Burn plans and market data

A recovery-linked plan assigns at least 80 percent of remaining net proceeds to LEO buybacks and burns after October 6, 2026.
iFinex's monthly mechanism uses 27 percent of consolidated gross revenue for LEO purchases and burns.
The UNUS SED LEO price stands at 9.0323 USD as of October 29, 2026, 0.02 percent above the UTC daily close of October 28, 2026.
Circulating supply is 919.86 million LEO, according to the market data page.

UNUS SED LEO, XCCRYPTOLEO6, Illustration mit AI erstellt.

UNUS SED LEO (LEO) is tied to a buyback-and-burn plan after 264.863 Bitcoin moved in a Bitfinex restitution process on October 6, 2026. According to IT Boltwise, at least 80 percent of the remaining net proceeds is intended for LEO buybacks and burns.

The UNUS SED LEO price is 9.0323 USD as of October 29, 2026, up 0.02 percent compared with the UTC daily close of October 28, 2026, according to Investing.com.

264.863 Bitcoin transfer sets the burn framework

The October 6, 2026, transfer is part of the recovery process linked to the 2016 Bitfinex hack. The reported 80 percent allocation applies to the remaining net proceeds, rather than automatically converting the full Bitcoin amount into a LEO burn. Crypto Briefing reported that the returned Bitcoin is first associated with Recovery Right Tokens for affected users, with the LEO allocation applying to remaining proceeds.

A token burn permanently removes tokens from circulation. For LEO, the recovery-related commitment is separate from the recurring revenue-based mechanism, so the Bitcoin transfer amount is not itself a reported LEO burn amount.

27 percent revenue rule remains separate

iFinex also commits to monthly LEO purchases equal to at least 27 percent of consolidated gross revenue from the previous month, followed by burns, according to CryptoTicker. The same report lists 919.857 million LEO in circulation and describes the revenue commitment as an ongoing supply mechanism.

The two commitments use different financial bases: the recurring program references gross revenue, while the restitution-related plan references remaining net proceeds after prior claims and costs. That distinction means the 264.863 Bitcoin transfer cannot be treated as a directly equivalent LEO reduction.

LEO market data on October 29, 2026

The UNUS SED LEO price stands at 9.0323 USD as of October 29, 2026, up 0.02 percent compared with the UTC daily close of October 28, 2026, according to Investing.com. The daily high is 9.0389 USD and the daily low is 9.0199 USD. Market capitalization is 8.31 billion USD, ranking LEO 14th, while 24-hour volume is 132,380 USD. Circulating supply is 919.86 million LEO.