🔥 OKB soars on record token burn
#OKB jumped +10.8% (24h) and +176% (7d) as OKX executed one of the largest burns in crypto history.
- 65.2M OKB burned (~52% of supply, $7.6B) → total supply capped at 21M
- X Layer upgrade → throughput tripled to 5,000 TPS, with OKB now sole gas token
- Scarcity effect: supply shock + utility demand = bullish momentum
Watch: $2.06B OKB moved to #OKX wallets (Aug 18), could mean sell pressure ahead.