OKX Launches Massive Token Burn, Driving 170% Surge in OKB Price

In a move that reverberated across the cryptocurrency market, OKX exchange executed a substantial token burn of over 65 million OKB tokens. This event directly impacted OKB’s price, causing it to surge by over 170%, and significantly increasing trading volume on August 13, 2025. Market capitalization also saw a notable shift, adjusting by $7.6 billion. This significant token burn, which represents 75% of the circulating supply, was announced by OKX, marking one of the largest in history. The event has sparked widespread interest and is expected to have lasting consequences on OKX’s platform strategy and investor sentiment.