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OKX Nukes 279M OKB Tokens in Historic $26B Burn – Scarcity Mode Activated

OKX Nukes 279M OKB Tokens in Historic $26B Burn – Scarcity Mode Activated

Published:
2025-08-15 17:10:00
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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.

Crypto exchange OKX burned close to 279 million OKB tokens in a large supply shock that has left the coin with only 21 million in circulation.This is one of the largest deflationary events in crypto history, with a current market pric... Read More

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