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🚨 Breaking: OKX to Compensate Users After Shock 48% $OKB Flash Crash

Yesterday, #OKB mysteriously plunged -48% (from $46.80 to $25.10 ) in minutes before recovering.

And Instant Pump ~90% from Botton $25.10

#OKX now pledges to reimburse abnormal liquidations.️

But questions remain about the crash’s trigger after dormant whales awakened...

➡️ 10 wallets laying inactive since receiving 176K OKB in 2020 suddenly came in market.

➡️ Deposited their full stash onto OKX exchange on Jan 16.

➡️ Then days later, OKB crashes -48% in minutes.

Too coincidental?

Time will tell if these whales precipitated the plunge.️

➡️ For now, OKX aims to make users whole again within 72 hours.

But this highlights crypto’s risks.

➡️ As always, not your keys, not your coins.

The custody lesson endures.

RT and Share with Everyone.

#MetaMask #Scam #Bitcoin #BitcoinETF #Blackrock #Grayscale #ETF #CryptoNews $BTC

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January 24, 2024 at 6:46 AM

Twitter@CryptoPatel|06:40 AM - Jan 24, 2024
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