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META $727.29 -0.23%
NVDA $234.28 +0.97%
TSLA $370.81 +4.05%
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INTC $118.11 -2.27%
SPCX $158.99 +6.58%
MU $1,068.07 -2.42%
AMD $633.69 +2.09%

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

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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