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<h3>Fireline Report</h3>
<p>OKX destroyed 65.25 million OKBs at one time on August 15, locking the total amount of OKB at 21 million. After the news was announced, OKB soared from $45 to $130 in half an hour, with the highest increase reaching 186%, setting a historical high, and then fell back to around $80. Market sentiment was extremely excited.</p>
<h3>Behind The Scenes</h3>
<p>This round of price increase was led by OKX, which leveraged the X Layer public chain upgrade and the reconstruction of the OKB economic model to directly create an expectation of scarcity. This has led to a concentration of chips on the chain, extremely low market liquidity, and widespread FOMO (Fear of Momentum) across the public opinion network. This is clearly an expectation management and value reassessment under the control of the platform.</p>
<h3>Trading Guide</h3>
<p>OKB short-term sentiment is out of control. The upgrade to Xlayer gas coin + destruction has stimulated a 3-fold surge in 2 hours. Currently, it is recommended to follow the aggressive short-term long long with a light position, focus on the opportunity to buy low when it falls back to around 93, enter and exit quickly, and reduce positions when it rebounds. Do not chase high prices and hold heavy positions for a long time. A conservative style should be used to avoid violent fluctuations. Wait for the pullback to be confirmed before considering buying low in batches. The overall risk is extremely high, so avoid leveraged All In<span class="source"><a href="fx://followin.io/Feed?id=19319802"><img src="https://static.fwimg.io/img/user/9428de03d5e0de67b865fa4bff3be484.jpg" width="20" height="20" /></a><a href="fx://followin.io/Feed?id=19300651"><img src="https://static.fwimg.io/img/user/2fe6bc43d3721fd3ffd066cdec0bbaae.jpg" width="20" height="20" /></a></span>.</p>
<p style="margin-top: 20px; text-align: left; opacity: 0.4; padding: 0 42px"><small>Updated at 08-15 08:47</small><br><small>AI-generated summary, not investment advice</small></p></div>