OKX Nukes 279M OKB Tokens in Historic $26B Burn – Scarcity Mode Activated
Talk about throwing fuel on the fire—OKX just lit a $26 billion bonfire.
The exchange permanently torched 279 million OKB tokens in a deflationary power play, sending shockwaves through crypto markets. This isn't your grandma's 'token burn'—we're talking about enough digital assets to buy several small countries.
Market mechanics on steroids
By vaporizing 8% of OKB's total supply overnight, OKX executes the ultimate supply shock. Fewer tokens in circulation means higher prices for holders—assuming anyone still trusts centralized exchanges after 2023's circus.
The cynical take? Another exchange playing puppet master with tokenomics while retail traders cheer the artificial scarcity. But hey—at least they didn't 'accidentally' send the coins to an unrecoverable wallet this time.
