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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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