Jun 12, 09:18
Auto generation
OKX completed the 24th OKB Buy-Back and Burn event
Inflow
Related addresses
Total tokens transferred
6.4M
OKB
The OKEx: OKB Buy-Back and Burn wallet further received 6.4M OKB ($259M) in the past hour:
Overall, in the past 3 hours, the OKX team has completed buying back and burning 12.124M OKB ($547M) in the 24th burn event.
Since May 15, 2019, the OKX team has bought back a total of 104.3M OKB (now worth $4.69B) to burn every 3 months.
The OKB price dipped after the last 5 burn events.
Fig 1. The OKB buy-back-and-burn history.
Fig 2. The current OKB holding of the "OKEx: OKB Buy-Back and Burn" wallet.