OKX Burns 11.48 Billion OKB Worth $744 Million in Record Burn Exercise
- According to reports, OKX conducted the 23rd OKB repurchase and burning on March 16.
- The crypto exchange burned approximately 11.48 million OKB, equivalent to about $744 million.
- The latest burn exercise tops the previous one by about $114 million, setting a record.
According to reports, OKX conducted the 23rd OKB repurchase and burning on March 16. The renowned cryptocurrency exchange burned approximately 11.48 million OKB, equivalent to about $744 million, again setting a new high.
It is essential to note that OKX previously stated it would burn OKB based on market and operational performance without disclosing specific rules. The latest burn exercise tops the previous one by about $114 million. The last OKB burn was in December 2023, when OKX repurchased and burned OKB tokens worth approximately $630 million.
The post OKX Burns 11.48 Billion OKB Worth $744 Million in Record Burn Exercise appeared first on Coin Edition.
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OKX Burns 11.48 Billion OKB Worth $744 Million in Record Burn Exercise
- According to reports, OKX conducted the 23rd OKB repurchase and burning on March 16.
- The crypto exchange burned approximately 11.48 million OKB, equivalent to about $744 million.
- The latest burn exercise tops the previous one by about $114 million, setting a record.
According to reports, OKX conducted the 23rd OKB repurchase and burning on March 16. The renowned cryptocurrency exchange burned approximately 11.48 million OKB, equivalent to about $744 million, again setting a new high.
It is essential to note that OKX previously stated it would burn OKB based on market and operational performance without disclosing specific rules. The latest burn exercise tops the previous one by about $114 million. The last OKB burn was in December 2023, when OKX repurchased and burned OKB tokens worth approximately $630 million.
The post OKX Burns 11.48 Billion OKB Worth $744 Million in Record Burn Exercise appeared first on Coin Edition.
Read More