TechFlow, on August 13, according to blockchain analytics platform Lookonchain (@lookonchain), OKX exchange transferred 65.26 million OKB (approximately $7.29 billion) to its buyback and burn wallet within the past hour.
Following this transfer, the total supply of OKB tokens has been fixed at 21 million (approximately $2.25 billion).
Earlier news reported that after the announcement of OKB's token burn, the price of OKB surged about 190% on the day, surpassing $135, and has since pulled back to $108.
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