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OKX Surges Over 11% Briefly Following News of Destruction of Approximately 65.25 Million OKB Tokens

Summary: According to official sources, OKX will conduct a one-time destruction of 65,256,712.097 OKB tokens from historical buybacks and reserves, transferring them to a black hole address using smart contracts. Following this operation, manual destruction of OKB will cease, and the total supply of OKB will be fixed at 21 million tokens. As a result of ...

According to official sources, OKX will conduct a one-time destruction of 65,256,712.097 OKB tokens from historical buybacks and reserves, transferring them to a black hole address using smart contracts. Following this operation, manual destruction of OKB will cease, and the total supply of OKB will be fixed at 21 million tokens.

As a result of this news, OKX briefly surged over 11%, reaching $52 per token.

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Link: OKX Surges Over 11% Briefly Following News of Destruction of Approximately 65.25 Million OKB Tokens [Copy]

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