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BTC $59,743.90 +0.41%
ETH $1,590.69 +1.56%
BNB $555.01 +0.60%
XRP $1.04 +0.36%
SOL $74.25 +4.05%
TRX $0.3194 -0.71%
DOGE $0.0724 -0.64%
ADA $0.1441 +0.34%
BCH $199.52 +4.44%
LINK $7.29 +0.57%
HYPE $65.81 +6.89%
AAVE $90.57 -0.80%
SUI $0.6925 +1.67%
XLM $0.1739 +0.73%
ZEC $400.57 +7.06%

Analysis: Low liquidity, high control, and lack of cross-chain support caused OKB's price on the Ethereum chain to briefly rise to $342

2025-08-21 21:58:00
Collection

According to ChainCatcher's message, on-chain analyst @ai_9684xtpa monitored that the on-chain liquidity of OKB on the Ethereum mainnet is only $253,000. Due to the official destruction or migration of most tokens to X Layer, and the lack of support for cross-chain operations between the two networks, six addresses managed to raise the price to $342 by purchasing only 138.44 OKB between 20:46 and 21:08. This phenomenon is mainly attributed to low liquidity, high control, and the lack of support for cross-chain operations.

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