Analysis: Low liquidity, high control, and lack of support for cross-chain operations caused OKB to rise to $342 on the Ethereum chain in a short time
TechFlame
2025-08-21 13:58
TechFlame2025-08-21 13:58
English
According to TechFlame, according to on-chain analyst @ai_9684xtpa, OKB's on-chain liquidity on the Ethereum mainnet is only $253,000. Since most of the tokens were officially destroyed or migrated to X Layer and did not support cross-chain between the two networks, 6 addresses successfully boosted the price to $342 by buying only 138.44 OKBs between 20:46 and 13:08. This phenomenon is mainly due to low liquidity, high control panel, and unsupport for cross-chain operations.