According to BlockBeats news on August 13, according to official news, OKX will conduct a one-time destruction of 65,256,712.097 OKB from historical repurchases and reserves, and will instead use a smart contract to automatically destroy all OKB transferred to the black hole address. After this operation is completed, manual destruction of OKB will stop, and the total issuance of OKB will be fixed at 21 million pieces.
Affected by this news, OKB briefly rose over 11%, currently priced at 52 USD.