OKX-Backed OKB Leads Whale Activity as Top Cryptocurrencies Gain Institutional Interest

As Q3 2025 progresses, on-chain data has uncovered significant whale movements, highlighting where institutional capital is flowing in the cryptocurrency market. Exchange token OKB, meme coin Dogwifhat (WIF), DeFi infrastructure player Injective (INJ), and emerging layer-1 solutions Kaspa (KAS) and Remittix (RTX) are dominating analysts' watchlists. A staggering $1 billion worth of OKB was recently transferred between unknown wallets, signaling strong institutional interest. This activity underscores the growing confidence in these digital assets, with OKX's OKB leading the charge as a top contender for investment. The bullish momentum around these cryptocurrencies reflects broader trends in the sector, where DeFi and layer-1 solutions continue to attract significant capital inflows.

Whale Activity Highlights Top Cryptocurrencies for Investment: OKB, WIF, INJ, RTX, and KAS Lead the Charge

As Q3 unfolds, on-chain data reveals significant whale movements, signaling where institutional capital is flowing. Exchange token OKB, meme coin dogwifhat (WIF), DeFi infrastructure player Injective (INJ), and emerging layer-1 solutions Kaspa (KAS) and Remittix (RTX) are dominating analysts' watchlists.

A staggering $1 billion worth of OKB was recently transferred between unknown wallets, drawing attention to its utility as a fee discount token on OKX. Meanwhile, WIF's social media-driven retail frenzy underscores the volatile nature of meme coins—potentially lucrative but high-risk.

Injective continues to attract whale interest as a scalable DeFi protocol, while Kaspa and Remittix gain traction for their payment-focused architectures. Capital rotation suggests a broadening market appetite beyond Bitcoin and Ethereum.

OKX Burns $26 Billion in OKB Tokens, Reshaping Tokenomics

OKX executed one of the largest token burns in cryptocurrency history, permanently removing 278,999,999 OKB tokens from circulation. The MOVE slashes the total supply from 300 million to 21 million, with the burned stash valued at $26 billion at current prices.

The altcoin surged to $120 immediately after Wednesday's announcement before settling NEAR $96. Market analysts note the violent reaction underscores how supply shocks can create temporary distortions in thinly traded assets.

Blockchain researchers confirm the burn was executed through a verifiable on-chain transaction. OKX simultaneously retired an additional 65.26 million tokens from its buyback reserve, cementing the new supply cap.